TSMC chairman Mark Liu believes Nvidia will become the largest semiconductor firm by the end of the year (via Trendforce). Speaking at a lecture held by the Chinese National Association of Industry and Commerce, Liu discussed the future of TSMC in an AI-focused world and stated that Nvidia would develop into the world's largest semiconductor company thanks to AI.
2023 has been nothing short of extraordinary for Nvidia. Its record $13.5 billion in revenue for Q2 was impressive on its own, and the company followed that up with $18.12 billion in Q3. That kind of quick growth is practically unheard of in semiconductors; even AMD didn't see its revenue more than triple in the space of a single year when it started gobbling up market share from Intel.
