Jensen Huang personally visited TSMC to "request capacity," saying, "Without TSMC, there would be no NVIDIA."

Facing the sustained strong demand brought by the AI boom, Nvidia, the world's most valuable company, is making every effort to ensure its chip supply. Its CEO Jensen Huang personally visited Taiwan, seeking additional production capacity from key partner TSMC, underscoring the Taiwanese chipmaker's central role in the current AI supply chain. According to Bloomberg, on November 8th, Jensen Huang appeared at TSMC's annual sports event in Hsinchu, Taiwan, and told reporters that Nvidia's business is "very strong and getting stronger month by month." He revealed that during this trip to Taiwan, he had requested TSMC to provide more chip supply. TSMC CEO C.C. Wei also confirmed on the same day that Jensen Huang indeed asked for increased wafer supply during his visit. Wei told employees that TSMC expects to continue achieving record annual sales growth. This series of interactions comes after a recent tech stock pullback, as market enthusiasm for AI was affected by doubts over OpenAI’s funding issues and famous investor Michael Burry’s bearish bet on Nvidia. Jensen Huang’s public request for more capacity and his high-profile affirmation of the partnership not only sends a strong signal to the market about his confidence in AI demand, but also vividly reveals the close connection between Nvidia’s growth and TSMC’s production capacity. At Saturday’s event, Huang said bluntly: “Without TSMC, there would be no Nvidia today.” Capacity bottlenecks emerge, securing the supply chain becomes the key Behind the strong demand lie severe supply-side challenges. Reports say one of the main purposes of Jensen Huang’s visit to Taiwan is to secure more wafers for Nvidia’s Blackwell series chips. Currently, demand for Nvidia products—including the Blackwell series chips and rack-level configurations—is enormous, and production capacity has become the critical bottleneck in meeting this demand. TSMC’s advanced manufacturing capability is especially coveted worldwide. In October, C.C. Wei told analysts that the company’s capacity remains “very tight” and is working hard to narrow the gap between supply and demand. Against this backdrop, Nvidia is actively striving to become one of TSMC’s main customers for its 3-nanometer process, and is expected to account for about 30% of total output. Meanwhile, Nvidia’s competitors—including Qualcomm—are also working to challenge its leadership in the AI accelerator field and are likewise vying for TSMC’s limited advanced capacity. This makes Jensen Huang’s move to strengthen ties with TSMC particularly important and urgent. “Without TSMC, there would be no Nvidia”: strategic dependency Jensen Huang’s statement “Without TSMC, there would be no Nvidia” is no exaggeration. A deeper analysis of Nvidia’s supply chain reveals that TSMC is central to Nvidia’s AI business, both in core semiconductor manufacturing and advanced CoWoS packaging services. This conclusion also reflects the evolution of Nvidia’s strategy. In the past, Nvidia was seen as a “late adopter” of cutting-edge chip technology, but now the company is actively competing for the most advanced chip technologies, such as A16, meaning its reliance on TSMC will only further deepen. This year alone, this marks Jensen Huang’s fourth visit to Taiwan. His frequent meetings and high praise for TSMC executives indicate the relationship between the two sides is continually deepening. In the fierce race for AI, keeping in close partnership with “the industry’s hottest company” like TSMC has become the core strategy for Nvidia to maintain its market dominance. Risk Disclaimer The market has risks; investment requires caution. This article does not constitute personal investment advice and does not take into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investments made based on this article are at your own risk.