Nvidia CEO denies that US wants to shift 40% of Taiwan's chipmaking capacity to America — Jensen Huang says onshoring is all new capacity, will preserve island nation's silicon shield

Jensen Huang, chief executive of Nvidia, has rebuffed claims that the U.S. intends to shift 40% of Taiwan's semiconductor capacity to the U.S., therefore removing the island's silicon shield, reports DigiTimes. Haung also said that TSMC must expand worldwide to meet surging AI-driven demand for chips and keep Taiwan as its stronghold. According to Huang, spreading production across multiple regions strengthens resilience for both Taiwan and the U.S. and prevents supply bottlenecks as AI hardware volumes rise sharply. For Nvidia, which sells everything it can produce both in Taiwan and the U.S., vast manufacturing capacities are crucial. During his Taiwan visit, Huang plans to attend internal Nvidia meetings and Lunar New Year events, as well as to meet TSMC founder Morris Chang and chairman C.C.