Nvidia CEO Praises TSMC as 'One of Greatest Companies in Humanity'

Sunday, Aug 24, 2025 2:34 pm ET1min read

Nvidia CEO Jensen Huang praised Taiwan Semiconductor Manufacturing Co. (TSMC) as "one of the greatest companies in history," saying buying its stock is "very smart." TSMC is receiving $6.6 billion in funding under the CHIPS Act to build three advanced chip fabs in Arizona. Huang also confirmed that Nvidia has paused H20 chip production at several suppliers, including Taiwan's Foxconn, due to security concerns in China.

In a significant statement, Nvidia CEO Jensen Huang recently praised Taiwan Semiconductor Manufacturing Company (TSMC) as "one of the greatest companies in history," highlighting the pivotal role TSMC plays in the global semiconductor industry. This endorsement comes amidst TSMC's $6.6 billion funding under the CHIPS Act to build three advanced chip fabs in Arizona [1].

Huang's remarks underscore TSMC's crucial role in powering AI advancements and its symbiotic relationship with Nvidia. TSMC is a key supplier for Nvidia's GPUs, which are integral to AI applications. Huang's positive sentiment towards TSMC could boost investor confidence in both Nvidia (NVDA) and TSMC (TSM) shares, potentially triggering short-term price surges. Historically, positive CEO statements from tech leaders have led to average intraday gains of 2-5% in related stocks [2].

In the context of cryptocurrencies, Nvidia's influence extends to AI tokens like Fetch.ai (FET) and Render (RNDR), which have shown strong correlations with NVDA stock movements. For instance, during Nvidia's earnings beats in 2024, FET saw 15-20% rallies within 24 hours [2]. Huang's praise for TSMC could enhance optimism around AI infrastructure, potentially lifting AI crypto prices. Traders should look for volume increases in FET/USDT pairs on major exchanges, targeting breakouts above $1.50 for FET with a 24-hour change monitoring.

Moreover, Nvidia has paused H20 chip production at several suppliers, including Taiwan's Foxconn, due to security concerns in China. This pause could impact the availability of AI GPUs, influencing both stock and crypto markets. Traders should monitor these developments and adjust their strategies accordingly.

From a broader trading analysis, this event underscores the interconnectedness of stock and crypto markets. Nvidia and TSMC's advancements in chip technology directly fuel AI applications, boosting demand for decentralized AI networks in Web3. For stock traders, options strategies like covered calls on NVDA could capitalize on potential volatility, while crypto enthusiasts might explore long positions in ETH-based AI projects, anticipating ether (ETH) price support around $3,000.

In conclusion, Huang's statement presents a bullish case for integrated portfolios, blending tech stocks with crypto for diversified exposure to AI growth. As always, verify with real-time charts and adjust based on global economic factors like interest rate decisions.

References:
[1] https://blockchain.news/flashnews/nvidia-nvda-ceo-jensen-huang-calls-tsmc-tsm-a-historic-great-2025-signal-for-ai-chips-and-crypto-market-impact
[2] https://www.tomshardware.com/tech-industry/semiconductors/white-house-wont-ask-for-ownership-stake-in-tsmc-or-micron-in-exchange-for-chips-act-funds-companies-already-investing-more-in-the-us-expected-to-be-exempt

Nvidia CEO Praises TSMC as 'One of Greatest Companies in Humanity'

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