Nvidia CEO Jensen Huang says TSMC's move to the US is "expansion," not "relocation"

Glonghui, January 30｜According to IT Home, in response to recent news about "TSMC transferring 40% of its production capacity to the United States," Nvidia CEO Jensen Huang stated that this move should be emphasized as "newly added capacity" rather than "transferring existing capacity." Jensen Huang pointed out TSMC's massive expansion needs over the next decade, which will require tremendous energy support. Therefore, TSMC has no choice but to look overseas, simultaneously building fabs in Europe, Japan, and the United States. By advancing its global layout, TSMC can not only overcome energy bottlenecks but also meet the surging global demand for computing power. Jensen Huang predicts that the United States will take on a considerable portion of the new capacity in the future. Through such large-scale investments, the United States aims to build a more resilient semiconductor supply chain. However, he also admitted that although some capacity will be established in the United States, the proportion will not be very high.