Huang informed journalists in Taipei that the Nvidia processors, which currently dominate the majority of relational AI educational systems globally, were manufactured by the two largest chip companies globally during a dinner meeting.
The US government has issued a directive to an artificial chip producer to halt exports to China.
While Nvidia has not publicized this low-key journey extensively, Huang openly discussed Taiwan and TSMC’s pivotal roles in both the company and the broader semiconductor sector during a recent conversation.
Prior to commencing the regional annual celebrations for his company, Huang emphasized, “Expanding the capabilities of AI is undeniably the most significant challenge in the field of AI.” He highlighted the diligent efforts of all supply chain partners at TSMC to meet the increasing demand.
He added optimistically, “This year is poised to be exceptional.”
Huang chose not to address questions concerning the company’s operations in China.
The CEO of Nvidia recently cautioned that heightened US sanctions aimed at restricting the supply of AI education chips to China could compel local enterprises to develop their own substitutes, potentially disadvantaging American tech giants in the long term.
Associated with Huawei Technologies, the businessman raised concerns in 2023 by introducing a smartphone embedded with a cutting-edge Chinese-made processor.
During a press conference in Taipei the following year, TSMC’s CEO, C. C Wei, delivered a speech. (Bloomberg image)
Nvidia, which experienced a remarkable threefold increase in its market value in 2023 largely due to its pivotal role in AI advancement, has seen another 24% surge this year as investors anticipate its continued dominance in the sector. The company has introduced Chinese versions of its products that comply with US regulations.
The rapid growth in AI technology is driving TSMC’s business forward. The company has projected a potential rise in capital expenditure and robust earnings growth next week, potentially igniting a broader stock market rally.
Huang, a Taiwan native, is revered as a luminary in an island nation heavily dependent on technology and electronics. He is often seen frequenting local establishments in the media, and recently shared a video of himself enjoying noodles.
Huang underscored the significance of Taiwan as a key market during his remarks on Thursday.
He asserted that Taiwan plays a critical role in the computer industry’s evolution. “TSMC, the cornerstone of Taiwan’s program developers, will be instrumental in shaping this new era of computing.”
