Jensen Huang: When necessary, NVIDIA can abandon Taiwan Semiconductor
NVIDIA CEO Jensen Huang stated at the Goldman Sachs Technology Conference that although NVIDIA heavily relies on Taiwan Semiconductor for producing important chips, it can turn to other suppliers when necessary. He pointed out that Taiwan Semiconductor's leading position and flexibility in chip manufacturing make it the preferred choice, but transferring orders may affect chip quality. Huang also mentioned that chip supply shortages have strained customer relationships. NVIDIA's stock price rose by 8.15%, marking the largest single-day increase in six weeks
Introduction:
NVIDIA has independently developed most of the company's technology and should be able to transfer orders to other suppliers.
On September 12th, Beijing time, NVIDIA CEO Jensen Huang stated at the Goldman Sachs Technology Conference that Taiwan Semiconductor Manufacturing Company (TSMC) is far ahead in chip manufacturing, but if necessary, NVIDIA can transfer orders to other suppliers.
Huang mentioned that NVIDIA heavily relies on TSMC to produce its most important chips because TSMC is far ahead in chip manufacturing. However, NVIDIA has independently developed most of the company's technology and should be able to transfer orders to other suppliers. Nevertheless, he also pointed out that doing so may lead to a decrease in chip quality.
"The flexibility and responsiveness of TSMC to our needs are incredible," Huang said. "So we have them produce chips because they are excellent, but if necessary, of course, we can find other suppliers."
He also discussed how the chip shortage has frustrated customers, leading to strained customer relationships. "The demand for chips is so high, everyone wants to be the first to get chips, everyone wants to get the most chips," he said. "There may be more emotional customers now. It's natural. Customer relationships are tense. We are doing our best to meet demand."
Regarding the highly anticipated Blackwell architecture chips, Huang stated that demand for Blackwell chips is strong, and suppliers' production is catching up.
By the end of Wednesday's trading session, NVIDIA's stock price surged by 8.15% to $116.91, marking the largest single-day gain in six weeks. Following a 239% surge in 2023, NVIDIA's stock price has more than doubled this year