Jensen Huang, Nvidia's chief executive officer (CEO), said the production capacity of TSMC, Taiwan's No. 1 semiconductor foundry (contract manufacturing) company, will double over the next 10 years.
On the 31st (local time) in Taipei, Taiwan, Huang met reporters in front of a restaurant right after a dinner with TSMC and other semiconductor suppliers and said, "Over the next 10 years, TSMC will increase its production capacity by more than 100%," adding, "This is a significant level of output expansion," according to Reuters and Bloomberg News.
Huang said, "Demand is very strong this year," and emphasized, "TSMC has to work very hard this year because I need a lot of wafers (semiconductor materials)."
He added, "TSMC is doing amazing work and is really working hard."
However, TSMC Chair C.C. Wei, who was present, did not answer reporters' questions.
Huang dismissed as "nonsense" a media report the previous day that he had expressed criticism and concern about OpenAI.
He said, "OpenAI's work is astonishing, and they are among the most influential corporations of our time," emphasizing, "I really enjoy working with Sam (OpenAI CEO Sam Altman)."
He then made clear that Nvidia will participate in OpenAI's current investment round.
He said, "We will invest a tremendous amount in OpenAI," adding, "It will probably be the largest of any investment we have ever made."
However, he did not disclose the specific amount, and when asked whether it would exceed the $100 billion (about 145 trillion won) announced in Sep. last year, he replied, "That's not the case."
Earlier, the U.S. daily Wall Street Journal (WSJ) reported the previous day, citing sources, that Nvidia had put its investment in OpenAI on hold.
WSJ also reported that Huang criticized OpenAI's business approach as lacking discipline and noted concerns that it faces competition from Google and Anthropic.
Huang visited Taiwan to attend a dinner to which all of Taiwan's major semiconductor suppliers were invited.
Taiwanese media called it the "$1 trillion dinner," noting that the combined market capitalization of the corporations attending the event, including TSMC, reached $1 trillion.