Jensen Huang of Nvidia says TSMC is among the greatest companies in history

Nafidia On Friday, CEO JenSen Huang praised the praise of Taiwan Seismonductor Manufacturing Co.

This comes at a time when the American administration indicates their interest in acquiring risks in technology companies, especially those that receive funding under the United States Law.

Huang, who said the main purpose of his trip to Taiwan was to thank TSMC for their work at Nvidia’s Rubin, AI’s chips platform from the next generation, made statements in response to inquiries in Washington looking to obtain a stake in TSMC.

“Well, first of all, I think TSMC is one of the greatest companies in the history of humanity, and anyone who wants to buy TSMC shares is a very smart person,” he said.

Huang said that TSMC manufactures six new products for NVIDIA, including a new central processing unit, component of the devices used in the account, and a new public processing unit, used for advanced account, especially artificial intelligence.

Earlier this week, Reuters reported that US Trade Minister Howard Lootnick was looking into stock shares in exchange for financing the chips law for companies like companies like Micronand TSMC and Samsung.

Watch the 2022 chips Law, which was passed with the support of the two parties under the administration of Joe Biden, Grants and loans given to Chipmakers Expanding production in the United States as part of Washington’s efforts to stimulate the American leadership in manufacturing semiconductors. TSMC I promised 6.6 billion dollars Under the law to help build the three advanced chips manufacturing plants in Arizona.

Lootnick confirmed in an interview with CNBC on Tuesday that the government was holding talks to take a 10 % property rights share In the semiconductor company, she said that the administration may consider risks in other companies as well.

A Report from However, the Wall Street Journal said on Thursday that the government has no plans to search for shares in semiconductor companies that increase its investments in the United States, citing a government official. TSMC, in March, Declare Expanding its investments in the United States to $ 165 billion.

Separately, Huang said that NVIDIA was keen to start working in “NVIDIA CONSTELATION” – a new office that was recently announced for the company to accommodate its powerful power in Taiwan.

Huang said that the company is still working with the local government to solve some issues to start its construction.

“We have many employees here in Taiwan, and we grow here in Taiwan because our supply chain is busy here.”

He added: “We are working with chips, system sellers and system makers throughout Taiwan, and everyone is working hard for us and therefore we need many engineers to work with them.”

The shares in TSMC, the largest contracting chips company in the world, have gained 6.5 % so far this year.