TSMC Is Where Traders Are Looking After Nvidia’s $150 Billion Taiwan Pledge
TSMC's role in the AI supply chain is back in focus after Nvidia CEO Jensen Huang said Wednesday that the company could spend up to $150 billion a year in Taiwan. Nvidia's annual spending there was about $10 billion to $15 billion some four or five years back, and now stands near $100 billion, Huang said. "Going to 150 billion dollars" each year, Huang told reporters, tying Nvidia even more closely to Taiwanese manufacturers.