CEO Jensen Huang praised Taiwan Semiconductor Manufacturing Co. (TSMC) ($TSM) during a recent visit to Taiwan, calling it one of

NVIDIA CEO Jensen Huang confirms that it has already taped out six different Rubin chips with TSMC, being prepped for trial production right now.

Huang said his primary purpose in Taiwan was to thank TSMC for its role in producing Nvidia's Rubin, the company's next-generation AI chip platform. He also confirmed TSMC is building six new products for Nvidia,

Nvidia shares slipped 1.1% in early trading as Wall Street digested the latest blow to its China business, which pulled in $17 billion last year.

TSMC is reportedly charging $30,000 per 2nm wafer, with Apple, NVIDIA, AMD, and others each wanting their bleeding-edge chips made on 2nm.

The AI chip market is expected to stay under Nvidia's dominance in 2026, as Samsung Electronics, SK Hynix, and Micron battle to win sixth-generation high-bandwidth memory (HBM4) orders. Efforts by hyperscalers to lessen dependence on Nvidia have so far fallen short,