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Nvidia’s Huang Endorses TSMC as U.S. Drops Equity Stake Plans
Nvidia’s Huang Endorses TSMC as U.S. Drops Equity Stake Plans
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BTCCSquare news:
Nvidia CEO Jensen Huang lauded Taiwan Semiconductor Manufacturing Co. during a visit to Taiwan, calling the chipmaker one of the "all-time greats" and endorsing its stock as a savvy investment. TSMC, the world's largest contract chipmaker, supplies advanced semiconductors to tech giants like Nvidia and AMD.
Huang's trip focused on thanking TSMC for its work on Rubin, Nvidia's next-gen AI chip platform. The company is developing six new products for Nvidia, including CPUs and GPUs optimized for AI applications. The praise comes as the U.S. administration rules out taking equity stakes in CHIPS Act recipients like TSMC.
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