Nvidia’s Jensen Huang says TSMC is among greatest companies in history
Nvidia CEO Jensen Huang had nothing but praise for Taiwan Semiconductor Manufacturing Company (TSMC) during his recent trip to Taiwan. Speaking to reporters, Huang described TSMC as “one of the greatest companies in the history of humanity” and added that anyone investing in its stock would be “very smart.”
Why Huang Was in Taiwan
Huang explained that his main reason for visiting Taiwan was to thank TSMC for its work on Nvidia’s upcoming Rubin AI chip architecture. He revealed that TSMC is currently building six new products for Nvidia, including a next-generation CPU and GPU designed for advanced computing and artificial intelligence.
U.S. Government’s Interest in Chipmakers
His comments came just as reports surfaced that the U.S. government may take equity stakes in leading semiconductor companies under the CHIPS Act, a $52 billion program designed to boost domestic chip manufacturing.
- TSMC has already secured $6.6 billion in U.S. funding to build three state-of-the-art factories in Arizona.
- Earlier this week, U.S. Commerce Secretary Howard Lutnick confirmed that Washington is in talks to buy a 10% stake in Intel and might consider similar moves with other chipmakers.
- However, the Wall Street Journal later reported that the government isn’t currently planning to buy shares in companies already expanding heavily in the U.S., such as TSMC.
Nvidia’s Growing Presence in Taiwan
Beyond praising TSMC, Huang also discussed Nvidia’s new Taiwan office, “NVIDIA Constellation.” The hub will support its expanding workforce in the country and strengthen collaboration with local suppliers and engineers. Huang said the company is still ironing out details with local authorities but emphasized Taiwan’s critical role in Nvidia’s supply chain.
TSMC’s Strong Market Position
TSMC, the world’s largest contract chipmaker, has seen its stock rise about 6.5% so far this year. Analysts say it remains the go-to foundry for advanced AI and smartphone chips, cementing its position as a global tech leader.
Challenges in China
Separately, reports revealed that Nvidia recently asked some suppliers — including Foxconn — to halt work on its China-specific H20 graphics chips after Beijing raised national security concerns. Although Nvidia expected an export license for the chips, China has reportedly frozen purchases. Huang noted that Nvidia has responded to Beijing’s concerns and hopes to resolve the issue soon.
Key Takeaway: Jensen Huang’s remarks underscore just how vital TSMC has become in the global semiconductor industry. From powering Nvidia’s future AI chips to driving U.S. manufacturing efforts, TSMC continues to stand out as a cornerstone of modern technology.
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