This article first appeared on GuruFocus.
Aug 22 – Nvidia (NASDAQ:NVDA) CEO Jensen Huang praised Taiwan Semiconductor Manufacturing (NYSE:TSM) during a trip to Taipei, calling the company one of the strongest in the industry and noting that investors who buy its shares make a smart choice. His comments came as Washington weighs equity stakes in chipmakers tied to U.S. CHIPS Act funding.
Huang said his primary purpose in Taiwan was to thank TSMC for its role in producing Nvidia’s Rubin, the company’s next-generation AI chip platform. He also confirmed TSMC is building six new products for Nvidia, including a central processing unit and a graphics processing unit designed for advanced computing and AI.
Recent reports indicated U.S. officials have explored taking stakes in firms such as Micron Technology (MU), TSMC, and Samsung. Commerce Secretary Howard Lutnick even signaled potential interest in Intel (INTC), though later reports suggested the administration is unlikely to pursue stakes in companies expanding U.S. capacity.
Separately, Huang confirmed Nvidia plans to expand its presence in Taiwan with a new office, while also working through concerns raised by Beijing over its H20 GPUs developed for China.
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