NVIDIA Expands Investment in Taiwan AI Sparking Land Transaction Boom in Neihu

Reported about 1 year ago

On June 19, 2024, Neihu Technology Park, home to listed companies, has become a hot spot in the commercial real estate market with NVIDIA CEO Jensen Huang announcing plans to expand investment in Taiwan by establishing a headquarters and AI research center. This has made large plots of land in Taiwan a popular target for commercial markets, with Neihu seeing a significant increase in land transactions totaling NT$43.3 billion since 2018. As the AI era progresses, companies are eager to acquire land to build integrated headquarters and large buildings tailored to their needs, driving a strong momentum in land acquisitions.

Source: YAHOO

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