Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) today dismissed a local media report that claimed Nvidia CEO Jensen Huang (黃仁勳) visited Taiwan late last month to deliver a message from US President Donald Trump's administration.
TSMC said Huang, a Taiwan-born naturalized US citizen, came at the company's invitation to give an internal speech.
Photo: CNA
Chinese-language Mirror Media had reported that Huang's trip was aimed at pressing TSMC chairman C.C. Wei (魏哲家) to share profits on behalf of the Trump administration.
Citing industry sources, the magazine said that Nvidia and Advanced Micro Devices Inc (AMD) had agreed to hand over 15 percent of revenue from artificial intelligence (AI) chip sales to China to the US government in exchange for approval to sell controlled products in China.
Huang arrived in Taiwan by private jet on Aug. 22, spoke to TSMC executives at the company's research and development center in Hsinchu City, and attended a belated birthday celebration for TSMC founder Morris Chang (張忠謀).
He also joined Wei and other TSMC executives for dinner before returning to the US shortly afterward, ending a whirlwind visit that lasted about 13 hours.
TSMC today said that it has smooth communication channels with the US government and that the CEO of Nvidia — the world's largest company in terms of market capitalization as of last month — was invited by TSMC to give a speech.
On Aug. 22, Wei was asked about reported US government plans to take an equity stake in TSMC in exchange for subsidies.
"They have already announced that they will not take shares," he said.
At the time, TSMC stated there had never been any discussions of equity participation and that communication with the US government has been smooth and positive.
After several years flying high as Asia’s best Nvidia Corp proxy, Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is increasingly vying with other artificial intelligence (AI) stocks for investor attention. Stock traders are chasing a wider array of beneficiaries as mainstream usage of AI creates demand for hardware beyond the most-advanced chips TSMC makes for Nvidia. Subthemes from the deepening memory crunch to advances in robotics are also luring bids. At the same time, investment caps on single stocks are pushing funds to diversify, while retail investors long familiar with TSMC through its US depositary receipts are being offered a broader set of
Netherlands-based semiconductor equipment supplier ASML Holding NV yesterday said that it is planning to hire an additional 1,000 people in Taiwan this year in response to growing demand from clients. ASML had previously planned to recruit 600 people this year, but that the plan has been adjusted upward, ASML vice president and ASML Taiwan general manager Grace Wang (汪佳慧) told reporters. ASML has a workforce of more than 4,500 in Taiwan, accounting for about 10 percent of its global total, Wang said. This year’s recruitment campaign would focus on adding people in the customer support, manufacturing and supply chain domains to assist ASML
UNDER MICROSCOPE: Taiwan detained three people who allegedly conspired to buy servers in Taiwan and export them using fraudulent documentation, prosecutors said Nvidia Corp chief executive officer Jensen Huang (黃仁勳) on Saturday urged Super Micro Computer Inc to tighten up on compliance after Taiwan detained three people this week for allegedly making fraudulent declarations about artificial intelligence (AI) servers made by its US partner. The development marked the nation’s first crackdown on semiconductor smuggling, which grew after the US slapped restrictions on exports of high-end chips such as Nvidia AI accelerators to China. Nvidia is “rigorous” in explaining regulations to all of its partners, Huang told reporters after arriving in Taipei. “Ultimately Super Micro has to run their own company,” he said in response to
Nvidia Corp yesterday announced that CEO Jensen Huang (黃仁勳) would attend an employee meeting in Taipei tomorrow to celebrate the launch of the company’s Taiwan headquarters project. Huang would attend a gathering at the site of Nvidia’s planned headquarters in Beitou Shilin Technology Park (北投士林科技園區), the company said in a statement. After arriving in Taiwan on Saturday last week, Huang told reporters that he plans to meet with Quanta Computer Inc (廣達) chairman Barry Lam (林百里) and Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) chairman C.C. Wei (魏哲家), and would attend the groundbreaking ceremony for Nvidia’s Taiwan headquarters tomorrow. Nvidia has not yet applied