Nvidia CEO Jensen Huang and his counterpart at TSMC met in Taipei to address the ongoing global AI chip supply constraints, a key challenge to the AI boom. The meeting between the heads of the world's two most valuable chip firms emphasized the difficulties in meeting the surging demand for chips essential for generative AI training. Nvidia's stock was up 1.6% premarket, while TSM's stock rose 1.5% premarket, reflecting investor sentiment on the talks. Huang noted that the biggest challenge for Nvidia in the AI sector is chip supply, not demand.
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🗓️ Today in AI (Jan 25th, 2024) - 5 Minute TLDR - Nvidia CEO Jensen Huang met with executives from Taiwan Semiconductor Manufacturing Company (TSMC) to discuss the ongoing AI chip shortage and the Taiwanese firm's role in producing Nvidia chips; - A virtual AI, Machine… https://t.co/pgzrnxBjIG
Nvidia CEO Sees ‘Huge Year’ for AI. Biggest Challenge Is Chip Supply Not Demand, He Says. https://t.co/DWxKzOfsEa
$NVDA (+1.6% pre) $TSM (+1.5% pre) Nvidia, TSMC CEOs Meet as Global AI Chip Supply Remains Tight - BBG https://t.co/bhgVstG4iJ
$NVDA | Nvidia, TSMC CEOs Meet As Global AI Chip Supply Remains Tight – BBG https://t.co/RnMqB0a8mf
$NVDA 🔸 Nvidia, TSMC CEOs Meet as Global AI Chip Supply Remains Tight The heads of the world’s two most valuable chip firms met in Taipei over dinner to discuss the Taiwanese firm’s role as producer of the Nvidia chips that now power the majority of generative AI training…
Nvidia's CEO met with his counterpart at TSMC to discuss AI chip supply constraints, a major challenge to the AI boom https://t.co/vCUlq81CyY