Nvidia CEO Jensen Huang (젠슨 황) said production capacity at TSMC, Taiwan’s top contract chipmaker, will double over 10 years.

Huang met reporters outside a restaurant in Taipei on Jan. 31 after a dinner with TSMC and other semiconductor suppliers. "Over the next 10 years, TSMC will increase production capacity by more than 100 percent," he said. "That is a substantial expansion in output," Reuters and Bloomberg reported.

He stressed that demand is very high this year. "TSMC has to work very hard this year because I need a lot of wafers," he said. "TSMC is doing amazing things and working really hard," he added.

TSMC Chairman C.C. Wei, who was with him, did not answer reporters’ questions.

Huang brushed off media reports the previous day that he had expressed criticism and concern about OpenAI, calling it "nonsense". "OpenAI's work is amazing, and they are one of the most influential companies of our time," he said. "I really like working with Sam (OpenAI CEO Sam Altman)."

He also made it clear Nvidia will participate in OpenAI's current investment round. "We will make a huge investment in OpenAI," he said. "It will probably be the largest investment we have ever made," he added.

He did not disclose the amount. Asked whether it would exceed the $100 billion (about 145 trillion won) announced in September last year, he replied, "No."

The Wall Street Journal reported the previous day, citing sources, that Nvidia had put its investment in OpenAI on hold. It also said Huang criticised OpenAI for lacking discipline in its business approach and expressed concern that it faces competition from Google and Anthropic.

Huang visited Taiwan to attend the dinner, which invited all of Taiwan's major semiconductor suppliers. Taiwan media said the combined market capitalisation of companies attending, including TSMC, totals $1 trillion and dubbed it a "$1 trillion dinner."

[Yonhap News Agency]