Taiwan's chip industry stays resilient despite Nvidia CEO scandal

Analysts say Taiwan Semiconductor Manufacturing Company's business will remain strong despite the scandal surrounding Nvidia CEO Jensen Huang, as demand for advanced chips outweighs any single executive's influence. TSMC, which builds over 90% of the world's most advanced microchips, is unlikely to see direct impact from the controversy. Huang admitted to an extramarital affair on Sunday, and Nvidia's board is investigating whether he was targeted by a foreign intelligence effort. Nvidia is TSMC's biggest customer, contributing about a fifth of the foundry's revenues, but analysts see no signs of order cuts or slowdowns from the GPU-maker. The main potential threat to TSMC could come from US policy changes, such as tighter export controls on chips to China, which might affect Nvidia's revenues. However, analysts say other US AI industry players would likely fill any gap, as Taiwan's supply chain remains central to the AI boom.