Despite the declined offer, the two founders have maintained a friendly professional relationship. Nvidia, founded by Huang in 1993, has become one of the world's most valuable companies, and TSMC remains one of Nvidia's biggest customers. Chang, who founded TSMC in 1987, stepped down as CEO in 2018 and was replaced by C C. Wei.
Key takeaways:
- TSMC founder Morris Chang asked Nvidia founder Jensen Huang to take over as CEO in 2013, but Huang declined the offer.
- Chang was looking for a successor to lead TSMC and thought Huang's character, professional background, and knowledge of the semiconductor space made him an ideal candidate.
- Nvidia, under Huang's leadership, has become one of the world's most valuable companies, fuelled by the AI boom.
- Chang, who founded TSMC in 1987, stood down as CEO in 2018 and was replaced by C C. Wei. He has a personal wealth of $4.1 billion according to Forbes.