- Demand signal: CEO Jensen Huang said Nvidia is seeing “very strong” demand for its Blackwell AI chips and has asked TSMC for more wafer supply to keep up. 1
- HQ progress: Taipei city officials moved to terminate a land-use deal next week to open the way for Nvidia’s Taiwan headquarters at Beitou Shilin Tech Park. 2
- China context: After remarks on Friday that there are “no active discussions” to sell Blackwell chips to China, Huang reiterated compliance with U.S. restrictions. 3
- Market snapshot: NVDA last traded around $188 today; shares cooled this week amid a broader AI-led tech selloff. 4
On the ground in Taiwan: Blackwell demand, supply chain ramp
Speaking to reporters at TSMC’s annual sports day in Hsinchu, Nvidia CEO Jensen Huang said the company is experiencing “very strong demand” for Blackwell platform chips—the company’s flagship AI accelerators—adding that Nvidia builds GPUs alongside CPUs, networking and switches for the platform. He emphasized that Nvidia is leaning on TSMC for additional wafers to meet orders. 1
Bloomberg separately reported that Huang has formally asked TSMC for more chip supplies as AI demand remains robust, noting his comment that business is getting “stronger month by month.” 5
On memory, Huang said the company has received its most advanced samples from SK Hynix, Samsung and Micron, and that all three suppliers have scaled up capacity for Nvidia’s needs. SK Hynix has already sold out next year’s output and Samsung is in close discussions on supplying HBM4, according to Reuters’ account of the remarks. 1
Taipei clears the way for Nvidia’s Taiwan HQ
In a concrete step toward a long-discussed Nvidia Taiwan headquarters, Taipei’s deputy mayor said the city will terminate a land-use contract with Shin Kong Life on Nov. 14 after council review, allowing the city to reclaim the site in the Beitou Shilin Tech Park and proceed to contract directly with Nvidia. Submission to the council is slated for Nov. 10, with the key session targeted for Nov. 12; the parties aim to sign the termination by Nov. 14 and begin transferring surface rights Nov. 17. 2
At the same Hsinchu event, Huang publicly praised TSMC as the “pride of the world,” underscoring Nvidia’s three-decade partnership with the foundry that fabricates its most advanced chips. 6
China sales remain off the table—for now
Following questions about China, Huang said on Friday there were no active talks to sell Blackwell chips there, consistent with current U.S. export restrictions. Reuters noted that Nvidia isn’t shipping its top-line AI chips to China, and that the earlier speculation around compromises has not materialized. Today’s comments in Taiwan kept that line unchanged. 3
(Background: Earlier this week the White House reiterated that Nvidia’s most advanced AI chips cannot be sold to China, reinforcing the policy backdrop that is shaping Nvidia’s China exposure.) 7
NVDA stock: where it stands today
As of today, NVDA was last quoted around $188.15, within a 52‑week range of $86.62–$212.19, according to Reuters market data. 4
This week’s AI-led market pullback weighed on chip names broadly; global tech benchmarks logged their sharpest weekly decline in months, and AI leaders including Nvidia were cited as pressure points in the selloff. 8
Why today’s updates matter
- Capacity is the constraint. Nvidia’s commentary reinforces that supply, not demand, remains the gating factor for AI infrastructure. Requests for more TSMC wafers and advanced HBM memory underscore a supply chain still sprinting to catch up with model training and inference needs. 5
- A durable Taiwan footprint. Taipei’s move to clear a path for Nvidia’s local HQ signals long-term investment in Taiwan’s ecosystem—close to TSMC, packaging partners, and core component suppliers. 2
- Regulatory overhang persists. With China sales of Blackwell constrained, Nvidia continues to channel supply to the U.S. and other approved markets. That limits upside in China but concentrates shipments where budgets are currently deepest. 3
What to watch next
- Nov. 10–14, Taipei City Council steps on the Beitou Shilin land termination and the targeted signing on Nov. 14; subsequent transfer of surface rights from Nov. 17. 2
- Supplier signals from TSMC and HBM makers (SK Hynix, Samsung, Micron) on capacity adds and HBM4 timing as Blackwell volumes ramp. 1
- Macro & AI capex sentiment after this week’s tech drawdown, which could affect near‑term multiple and funding conditions even if unit demand remains strong. 8
Sources
- Reuters: “Nvidia CEO Huang sees strong demand for Blackwell chips”; live remarks in Hsinchu on supply, memory, and China context. 1
- Bloomberg: “Nvidia CEO Asks TSMC for More Wafers to Meet Strong AI Demand.” 5
- Focus Taiwan (CNA): “Taipei clears way for Nvidia HQ with Nov. 14 land deal termination.”
- Focus Taiwan (CNA): “Jensen Huang praises TSMC as ‘pride of the world’.”
- Reuters markets page for NVDA (price and 52-week range).
- Reuters markets wrap on the AI/tech-led weekly decline.
This article is for informational purposes only and does not constitute investment advice. Always do your own research.
