Nvidia CEO Jensen Huang on Friday showered praise on Taiwan Semiconductor Manufacturing Co. on a visit to Taiwan, saying that anybody looking to take a stake in the company would be "very smart."

This comes at a time when the U.S. administration has signaled interest in acquiring stakes in tech companies, especially those in receipt of funding under the U.S. CHIPS Act.

Huang, who said the main purpose of his trip to Taiwan was to thank TSMC for their work on Nvidia's Rubin, its next-generation AI chip platform, made the remarks in response to a query on Washington looking to take a stake in TSMC.

"Well, first of all, I think TSMC is one of the greatest companies in the history of humanity, and anybody who wants to buy TSMC stock is a very smart person," he said.

Huang said TSMC

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