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TSMC to Remain Key Foundry for Nvidia and Intel: Citi

According to Citi analysts, TSMC is expected to remain the main chip manufacturer for both Nvidia and Intel following their recent collaboration. Nvidia confirmed in August that TSMC is producing six new chips for its next-generation Rubin architecture.

Revenue Growth Forecast

Citi analysts predict that TSMC’s revenue from Nvidia will grow by 50% in 2026, while Intel-related revenue is expected to rise by 20% during the same period. Analysts also suggest that other large U.S. tech companies may invest in Intel in the near future, further strengthening TSMC’s client base.

TSMC’s Leadership in the Foundry Business

Despite increased collaboration between Nvidia and Intel, TSMC is expected to maintain its leadership position in the foundry industry. The company continues to invest in its Arizona fabs to serve U.S. customers efficiently.

Conclusion

Overall, TSMC’s role as a key chip manufacturer remains secure, supporting major technology companies while expanding its production capabilities. Analysts believe TSMC will continue to be a crucial partner for both Nvidia and Intel in the coming years.

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