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29.01.26 - 10:06
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Nvidia wins approval for Taiwan headquarters to secure AI chip supply (SCMP)
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The Taiwan government has cleared Nvidia to establish a NT$3.3 billion (US$105 million) headquarters on the island that produces most of the world's advanced semiconductors, which the Silicon Valley chip designer will need to feed the red-hot global artificial intelligence sector.
Nvidia would use the Taipei site for a “commercial office” building and the acquisition of land for a “comprehensive business park”, the island's Ministry of Economic Affairs announced on Wednesday.
The approval came a......
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29.01.26 - 01:42
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Taiwan Insurers Cut Most Offshore Hedges Before Dollar Selloff (Bloomberg)
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Some of Taiwan's largest life insurers unwound almost all of their offshore currency hedge positions ahead of the US dollar's recent selloff, as a regulatory overhaul eases the need to protect against swings in the Taiwan dollar, according to people familiar with the matter....
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