Nvidia’s Huang says TSMC among all-time greats: Buying its stock is ‘very smart’

Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025.I-hwa Cheng | Afp | Getty ImagesNvidia CEO Jensen Huang on Friday showered praise on Taiwan Semiconductor Manufacturing Co. on a visit to Taiwan, saying that anybody looking to take a stake in the company would be "very smart."This comes at a time when the U.S. administration has signaled interest in acquiring stakes in companies, especially those in receipt of funding under the U.S

CHIPS Act.Huang, who said the main purpose of his trip to Taiwan was to thank TSMC for their work on Nvidia's Rubin, its next-generation AI chip platform, made the remarks in response to a query on Washington looking to take a stake in TSMC. "Well, first of all, I think TSMC is one of the greatest companies in the history of humanity, and anybody who wants to buy TSMC stock is a very smart person," he said

Huang said TSMC was making six new ducts for Nvidia, including a new central cessing unit, a hardware component used for computation, and a new general cessing unit, used for advanced computation, especially AI.Earlier this week, Reuters had reported that U.S

Commerce Secretary Howard Lutnick was looking at equity stakes in exchange for CHIPS Act funding for companies such as Micron, TSMC and Samsung

TSMC had been mised $6.6 billion under the act to help build its three cutting-edge chip fabrication plants in Arizona.watch now4:0204:02TSMC is becoming the only leading-edge foundry needed for new chips: AnalystThe China ConnectionLutnick confirmed in an interview with CNBC on Tuesday that the government was in talks to take a 10% equity stake in troubled semiconductor company Intel, and said the administration might consider stakes in other firms as well.A report from the Wall Street Journal on Thursday, however, said the government had no plans to seek s in semiconductor firms that were increasing their U.S. investments, citing a government official

TSMC, in March, announced an expansion of its Investment in the United States to $165 billion.Separately, Huang said that Nvidia was eager to begin work on "NVIDIA Constellation" — a recently announced new Taiwan office for the company to house its growing Taiwan workforce.Huang said the company was still working with the local government to resolve some issues to start its construction. "We have many, many employees here in Taiwan, and we're growing here in Taiwan because our supply chain is so busy here." "We're working with chip companies, system vendors and system makers all over Taiwan, and everybody is working so hard for us and so we need a lot of engineers to work alongside them," he added.s in TSMC, the world's largest contract chip manufacturer, have gained 6.5% so far this year.Separately, news reports on Friday said Nvidia had asked some of its component suppliers to stop duction related to its made-for-China H20 general cessing units, after China raised security concerns over the chips

Last month, Nvidia said it expected to receive an export license for its H20 chips, which had been effectively banned in April

However, Beijing has reportedly placed a freeze on local company's ability to buy them.According to Reuters, one of the companies told to pause their work in relation to the H20 chips was Taiwan's Foxconn — also known as Hon Hai Precision Industry

Foxconn did not respond to an inquiry from CNBC on the matter.Huang on Friday said that the company had responded to Beijing's concerns regarding its H20s and was hoping that the issue would be resolved

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