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TSMC denies Nvidia CEO's August visit was to deliver Trump message

Daniel Nenni

Admin
Staff member
Jensen Huang CC Wei Taiwan.jpg

Nvidia CEO Jensen Huang (left) and TSMC Chairman C. C. Wei. CNA file photo

Taipei, Sept. 2 (CNA) Taiwan Semiconductor Manufacturing Co. (TSMC) on Tuesday dismissed a Taiwanese media report that claimed Nvidia CEO Jensen Huang (黃仁勳) visited Taiwan in late August to deliver a message from U.S. President Donald Trump's administration.

TSMC said Huang, a Taiwan-born naturalized U.S. citizen, actually came at the company's invitation to give an internal speech.

Taiwanese media company Mirror Media had reported that Huang's trip was aimed at pressing TSMC Chairman C. C. Wei (魏哲家) to share profits on behalf of the Trump administration.

Citing industry sources, the magazine said Nvidia and Advanced Micro Devices Inc. (AMD) had agreed to hand over 15 percent of revenue from artificial intelligence (AI) chip sales to China to the U.S. government in exchange for approval to sell controlled products in China.

Huang arrived in Taiwan by private jet on Aug. 22, spoke to TSMC executives at the company's research and development center in Hsinchu City, and attended a belated birthday celebration for TSMC founder Morris Chang (張忠謀).

He also joined Wei and other TSMC executives for dinner before returning to the United States shortly afterwards, ending a whirlwind visit that lasted about 13 hours.

TSMC said on Tuesday that it has smooth communication channels with the U.S. government and that the CEO of Nvidia -- the world's largest company in terms of market capitalization as of August 2025 -- was invited by TSMC to give a speech.

On Aug. 22, Wei was asked about reported U.S. government plans to take an equity stake in TSMC in exchange for subsidies.
"They have already announced that they will not take shares," he said.

At the time, TSMC stated there had never been any discussions of equity participation and that communication with the U.S. government has been smooth and positive.

 
Even Jensen Huang (Nvidia CEO) has a "Buy" rating on TSMC ("anybody who wants to buy TSMC stock is a very smart person"). Never in the 30+ year history of Nvidia and TSMC have I ever seen Jensen so complimentary of TSMC and that will tell you how close they are working together.
 
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