U.S.-China doomsday scenario 'not likely to happen': Nvidia's Jensen Huang

SAN JOSE, California -- Jensen Huang, CEO of American AI chip giant Nvidia, said Tuesday that he does not expect a "doomsday scenario" in U.S.-China relations and that the company will continue working closely with Taiwan Semiconductor Manufacturing Co. despite geopolitical tensions.

Like many U.S. chip design houses, Nvidia relies heavily on TSMC, the world's largest contract chipmaker, to produce advanced chips, including the just-announced Blackwell graphics processing unit.