Nvidia CEO Jensen Huang concluded a visit to Taiwan with high praise for Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s leading chipmaker. During his trip, the primary purpose of which was to thank TSMC for their crucial role in developing Nvidia’s groundbreaking next-generation AI chip platform, Rubin and Huang offered a strong endorsement of TSMC as an investment opportunity. His comments come at a sensitive time, as the US government explores potential equity stakes in tech companies benefiting from the CHIPS Act.
Responding to questions about potential US government investment in TSMC, Huang unequivocally stated, “TSMC is one of the greatest companies in the history of humanity, and anybody who wants to buy TSMC stock is a very smart person.” This enthusiastic endorsement indirectly supports the US government’s consideration of equity participation. The CHIPS Act, aimed at bolstering domestic semiconductor manufacturing, has already earmarked $6.6 billion for TSMC’s expansion of its cutting-edge chip fabrication plants in Arizona.
The collaborative relationship between Nvidia and TSMC is thriving. Huang revealed that TSMC is currently manufacturing six new products for Nvidia, including a significant new central processing unit (CPU) and a next-generation general processing unit (GPU) specifically designed for advanced AI computation. This underscores the vital role TSMC plays in Nvidia’s ambitious technological advancements.
Reports earlier this week indicated that the US Commerce Department is considering equity stakes in exchange for CHIPS Act funding for several prominent semiconductor companies, including Micron, TSMC, and Samsung. Huang’s comments add another layer to the ongoing discussion surrounding US government involvement in the semiconductor industry and the strategic importance of companies like TSMC.
