By Ben Blanchard
Publication Date: 2026-02-01 01:39:00
By Ben Blanchard
TAIPEI, Feb 1 (Reuters) – Nvidia CEO Jensen Huang praised and lightly cajoled his major Taiwanese suppliers to produce more to help power strong demand for AI, capping a visit to the island of his birth, where he has been mobbed by adoring fans at every step.
Speaking at an impromptu press conference in the rain outside a Taipei restaurant late on Saturday, where he had hosted suppliers for a “trillion-dollar dinner”, named after the market capitalisation of those firms attending, Huang said this would be another good year for business.
“TSMC needs to work very hard this year because I need a lot of wafers,” he said, laughing, referring to Taiwan Semiconductor Manufacturing Co, the world’s largest producer of advanced chips used in artificial-intelligence applications.
“TSMC is doing an incredible job and they’re working very, very hard. We have a lot of demand this year,” he added after taking pictures with a beaming TSMC CEO C.C. Wei.
“Over the next 10 years, TSMC will likely increase their capacity by much more than 100%, and so this is a very substantial scale-up in the next decade.”
Wei did not answer questions from reporters.
Last month, TSMC said capital spending could jump as much as 37% this year to $56 billion, and would increase “significantly” in 2028 and 2029 given AI demand.
Huang, who emigrated to the United States as a child, is met by a throng of adoring fans wherever he returns to…
