NVIDIA CHOSE TSMC IN 1996 FOR TRUST BEYOND MANUFACTURING TERMS

What happened: Nvidia CEO Jensen Huang said Nvidia's 1996 decision to work with TSMC rested on confidence the foundry could resolve problems no contract could fully anticipate, and the collaboration has continued for 30 years. Key numbers: 1996, 30 years, Oct. 17. Why it matters: Huang said TSMC's governance, integrity and partnership standards helped determine the choice, and that both companies must show they want the other to succeed for the partnership to endure.

Nvidia CEO Jensen Huang said Nvidia's 1996 decision to work with TSMC rested on confidence the foundry could resolve problems no contract could fully anticipate, and the collaboration has continued for 30 years.

Huang said TSMC's governance, integrity and partnership standards helped determine the choice, and that both companies must show they want the other to succeed for the partnership to endure.