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Nvidia CEO Jensen Huang Pushes Back On Elon Musk's Plan To Build Chip Fab, Says What TSMC Does Is 'Extremely Hard' - NVIDIA (NASDAQ:NVDA), Intel (NASDAQ:INTC)
Benzingaยท 2025-11-08 05:49
Core Insights - Nvidia CEO Jensen Huang cautioned Tesla's Elon Musk about the complexities involved in semiconductor manufacturing [1][3] - Musk announced plans for an in-house chip fabrication plant to support Tesla's AI ambitions, aiming to produce up to one million chips per month [2] - Huang emphasized that building an advanced chip fab requires mastering engineering, science, and artistry, not just constructing a facility [3] Company Strategies - Musk's strategy includes diversifying and controlling the supply chain, acknowledging current partnerships with TSMC and Samsung, and hinting at potential discussions with Intel [3] - Tesla's in-house chip production aims to support next-generation AI5 processors and Dojo supercomputers [2] Market Performance - TSMC's stock closed at $286.50, down 0.94%, but rose 0.72% in after-hours trading to $288.57 [3] - TSMC shows a solid upward trajectory across short, medium, and long-term time frames according to Benzinga's Edge Stock Rankings [3]