Jensen Huang, CEO of Nvidia, announced that the company has an undisclosed new product and predicted that the second half of this year will be the largest ever for both Nvidia and Taiwan.
On May 28, local media outlets in Taiwan, including the Central News Agency and Liberty Times, reported that Huang made these remarks after dining with executives from foundry company Quanta Computer the previous evening, where they discussed expanding production capacity and strengthening collaboration.
"The main topic of discussion today was expanding production capacity. The second half of the year will be very busy, especially with new products like 'Grace Blackwell' and the next-generation AI accelerator, 'Vera Rubin,'" Huang said. He added, "We have an amazing new product that we haven't told anyone about yet, and we plan to announce it soon."
Huang emphasized, "The second half of this year will be the largest ever for Nvidia and Taiwan."
In response to concerns about potential supply shortages due to limitations in TSMC's 3-nanometer and 2-nanometer production capabilities, Huang stated, "TSMC is the best company in the world. TSMC can be very successful, and so can Nvidia. The two can coexist."
Regarding potential equity investments in Taiwanese companies, he mentioned, "Currently, we don't have specific targets or plans, but we would like to if opportunities arise."
Huang also noted that Nvidia's partnership network in Taiwan is rapidly expanding. "Just a few years ago, Nvidia had only 10 partners in Taiwan, but that number grew to 50 about five years ago, and now we have 150 partners," he said.
During the groundbreaking ceremony for Nvidia's Taiwan headquarters, Huang praised Taiwan as the "epicenter of the AI revolution" and announced plans to significantly increase investments in the region. He stated, "Five years ago, our annual investment in Taiwan was between $10 billion and $15 billion, but now it will exceed $100 billion, reaching $150 billion." He emphasized, "Taiwan is the epicenter of the AI revolution, where chips, packaging, and AI supercomputers are all made."
Nvidia's Taiwan headquarters is set to break ground this year, with completion targeted for 2030. Once finished, it will employ 4,000 people. Huang told employees, "In three to five years, Nvidia's market capitalization will be much higher than the current $5 trillion."
Emphasis on Power Supply
Huang also highlighted the importance of securing power supply, stating, "Just as human employees need food, AI employees need power. We need more power. Growth in the energy sector is crucial for Taiwan's GDP."
In response, Taiwan's Minister of Economic Affairs Wang Mei-hua assured that there would be no issues with power supply until 2034, adding that if Nvidia has new major investment plans, they should inform the government in advance to facilitate planning.
Since arriving in Taiwan on May 23, Huang has been meeting with leaders in the Taiwanese semiconductor industry, including a dinner with TSMC Chairman Mark Liu. He is also scheduled to attend Computex, Asia's largest IT expo, from June 2 to 5.
Nvidia plans to strengthen its collaboration with TSMC while also expanding alliances with AI server manufacturers such as Foxconn, Wistron, and Quanta Computer.
* This article has been translated by AI.
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