Huang Renxun personally went to Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR to visit and said "Without Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR (TSM.US), there would be no NVIDIA Corporation (NVDA.US)."

Facing the continued strong demand brought by the AI boom, the world's highest market value company, NVIDIA Corporation (NVDA.US), is working hard to ensure its chip supply. Its CEO, Huang Renxun, personally went to Taiwan, China, to seek more production capacity from key partner Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR (TSM.US), highlighting the core position of this Taiwanese chip manufacturer in the current AI supply chain. According to media reports, on November 8th, Huang Renxun appeared at the annual sports event of Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR in Hsinchu, Taiwan, and told reporters that NVIDIA Corporation's business is "very strong, and it gets stronger month after month." He revealed that he came to Taiwan this time to request more chip supply from Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR. Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR CEO Wei Zhejia also confirmed on the same day that Huang Renxun did indeed request an increase in wafer supply during this trip. Wei Zhejia told employees that Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR is expected to continue achieving record sales growth. These interactions took place after major tech stocks recently experienced a pullback, with market enthusiasm for AI briefly dampened by concerns about OpenAI funding issues and well-known investor Michael Burry's bearish bet on NVIDIA Corporation. Huang Renxun publicly seeking more production capacity and highlighting the strong relationship between the two parties not only conveys extreme confidence in the prospects of AI demand to the market but also vividly reveals the interconnectedness of NVIDIA Corporation's growth and Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR's production capacity. Huang Renxun bluntly stated at the event on Saturday, "Without Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR, there would be no NVIDIA Corporation today." Capacity constraints highlight the need to strengthen the supply chain Behind the strong demand is the severe challenge on the supply side. It was reported that one of the main purposes of Huang Renxun's visit to Taiwan this time was to ensure more wafers for NVIDIA Corporation's Blackwell series of chips. Currently, there is enormous demand in the market for NVIDIA Corporation products, including the Blackwell series of chips and rack-level configurations, and capacity has become a key bottleneck in meeting this demand. Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR's advanced manufacturing capabilities are particularly in demand worldwide. Wei Zhejia told analysts in October that the company's capacity is still "very tight" and efforts are being made to narrow the gap between supply and demand. In this context, NVIDIA Corporation is actively seeking to become one of the main customers of Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR's 3-nanometer process, expected to account for approximately 30% of total production. At the same time, NVIDIA Corporation's competitors, including Qualcomm, are also striving to challenge its leadership position in the AI accelerator field and are also competing for Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR's limited advanced capacity. This makes Huang Renxun's move to strengthen his relationship with Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR all the more important and urgent. The strategic dependence of "Without Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR, there would be no NVIDIA Corporation" Huang Renxun's statement, "Without Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR, there would be no NVIDIA Corporation," is not an exaggeration. A closer analysis of its supply chain reveals that Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR is at the center of NVIDIA Corporation's AI business, both in core semiconductor manufacturing and advanced CoWoS packaging services. This statement also reflects the evolution of NVIDIA Corporation's strategy. In the past, NVIDIA Corporation was seen as a "late adopter" of cutting-edge chip technology, but now the company is actively pursuing the most advanced chip technologies like A16, which means its dependence on Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR will only deepen. This is the fourth time Huang Renxun has visited Taiwan this year. His frequent meetings and high praise for Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR executives indicate that their relationship is deepening. In the fierce competition in AI, keeping "industry-leading companies" like Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR closer has become a core strategy for NVIDIA Corporation to maintain its market leadership. This article is reprinted from the app "Wall Street News," author: Ye Huiwen; Editor of GMTEight: Song Zhiying.