Key Takeaways
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- Jensen Huang has asked TSMC for more wafer supply as AI chip demand continues accelerating.
- TSMC CEO C.C. Wei said the company expects record sales every year as AI workloads expand.
- SK Hynix, Samsung, and Micron have all ramped up AI memory chip capacity to support Nvidia.
- Huang emphasized TSMC’s importance: “No TSMC, no Nvidia.”
- The meeting follows a rough week for AI stocks, with Nvidia targeted by Michael Burry’s bearish bets.
Nvidia’s Relentless AI Momentum
Nvidia CEO Jensen Huang confirmed he has requested additional chip supply from Taiwan Semiconductor Manufacturing Co., underscoring the company’s effort to keep pace with explosive AI demand.
“The business is very strong and growing month by month,” Huang said while attending TSMC’s annual sports day in Hsinchu, Taiwan.
Nvidia’s three major AI memory suppliers — SK Hynix, Samsung Electronics, and Micron Technology — have each scaled up tremendous capacity to meet the company’s needs.
TSMC at the Center of AI Supply Chains
TSMC CEO C.C. Wei confirmed that Huang requested more wafers and told employees the chipmaker expects to post record annual sales for the foreseeable future.
TSMC remains the backbone of the global AI ecosystem, manufacturing nearly all of Nvidia’s advanced GPUs and other cutting-edge chips.
“No TSMC, no Nvidia,” Huang said, expressing gratitude for the foundry’s crucial role in his company’s rise.
Investor Jitters vs. Industry Optimism
While AI hardware demand remains robust, market sentiment has cooled. Nvidia, Meta, and Microsoft shares dipped this week amid concerns of AI overspending and valuation fatigue.
Investor mood darkened after OpenAI’s funding questions and short positions disclosed by Michael Burry’s Scion Asset Management.
Yet, Huang remains confident in sustained growth, joining peers like Qualcomm CEO Cristiano Amon, who told Bloomberg that the world is still underestimating AI’s scale.
The Race for Capacity
With rivals such as Qualcomm and AMD also competing for TSMC’s limited capacity, securing wafer allocation has become a strategic priority.
Wei acknowledged in October that TSMC’s capacity remains tight, and the company is working to narrow the gap between demand and supply.
