1:14:45 Here is a fun fact. Fifteen years ago in 2007 at the time of this interview, TSMC's market cap was around USD 40 billions. Nvidia's was about a quarter of TSMC's at $9 to 10B. Now, TSMC is 10 times of that at 400+B and NVDA's is 100 times larger at almost 1T.
great video. these 2 guys are true legends. They founded the 2 largest semiconductor companies! Jensen also correctly pointed out finding a strong successor is critical. It will be the biggest challenge for him. Intel was the king of the semi, but it has slowly lost everything after ~15 years of bad management. by the way, TSMC will achieve 14% compounding from 2007 to 2022
Great interview. Interesting history with nuggets of business wisdom, was very interesting as someone with a passing interest in semi-conductor fabrication and TSMC
41:25 In the culture of Asia, building something that's one of a kind or the first of its kind is counter-cultural. They pride themselves on entrepreneurship, but it's usually driven by the desire of being your own boss, not by the desire of creating a new idea (which often leads to zero-sum competition). 43:54 Convincing employees to join a startup company is harder than convincing a VC.
I think it largely helped that Morris Chang sees himself as an American of Chinese origin than a Chinese man who settled in America - he came to Taiwan because the government courted him to lead semiconductor development after his leadership career at TI. Bringing that American attitude of "counterculture" compared to what prevailed in Asia probably helped a lot with getting TSMC to break through barriers where local firms could have failed.
I have finished watching this video completely. (我看完這部影片了) I am a Taiwanese who cares about the global affairs. (我是一個關心全球事務的台灣人) And, sadly, most of my fellow Taiwanese don't really care about the world. (但是，很不幸地，我大部分的台灣同胞不那麼在意世界。) Hopefully Taiwan can become increasingly globally-aware and globally-competitive. (希望台灣可以越來越有全球意識與全球競爭力。) God bless Taiwan. (天佑台灣。)
@@aertybhujm1 Disagree, "台灣人缺乏國際觀" is a misconception. You can't expect a majority of people to care about international affairs deeply. It's not just Taiwan, but every country (not sure but I assume so) only has their beyond-middle class citizens understand the logic of diplomacy or global business. As my observation, Taiwan already has a high proportion of people who care about geopolitics based on a kind of survival anxiety compared to many other developed countries.
Well look at where they are now, arguably most dominant forces in semiconductor industry in design and manufacturing. 58:27 Guess the leather man is happy now? 1:09:50 That aged poorly.
@fychen semiconductor battle is not finished yet! Samsung and Intel is bigger than tsmc in many other sectors. The day of tsmc glory is numbered in my opinion and Nvidia seems going well nowadays but let see it in the 10 years from now. Remember that this 2 companies are literally from USA and are using USA technology. It's not from China! Both of them studied and worked in the American companies from the beginning.
@@alexlee2276 I think everyone acknowledged those two great entrepreneurs starting their career in the US. Their discussion is all in English anyway so you do not have to overemphasize that. Get your boring nationalism out of here.
The CEO does not have to know the details of the operation. He is expected to hold his people (like directors ) that all the line people to be accessible and act to the N-th degree of details through open communication (daily, SOP and special training).
Samsung has been operating chip factory in Austin TX since 1996 and expanded while TSMC is just building new factory in AZ and caused chip shortage. Samsung is also building new factory in Taylor TX after Washington asked for help. Taiwanese company should not expect any tax break after they sent chips to China and used Chinese middle man to cause this chip shortage.
tsmc is building in AZ now bcz Pentagon asked them to do so. Chips inside US fighter jets should be made in US. Morris has said free market and free trade is best for chip industry. Industrial policy and subsidiary are not effective and bad for it.
Morris Chang is a native from Mainland China. He applied for a Scholarship to American Remand College. He helped fellow Students with Mathematics ! He done good after never giving up his Beliefs in Self Improvement ! 💪💪💪
He was born in mainland China during the period of the Republic of China, and immigrated to the United States with his family when he was in high school. Until he came to Taiwan in his 50s, his family never had Chinese nationality, only Taiwanese and American nationalities.
![Felix "Unfair" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/Oswujxm2Ag0/mqdefault.jpg)
![Seungmin "그렇게, 천천히, 우리(As we are)" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/kAzmhLHePqU/mqdefault.jpg)
Although today the market value of Nvidia is far bigger than TSMC, Morris always is a mentor and business saver of Jensen
Graphics was the cutting edge application, and leading edge is king maker
He is a legend here in Taiwan. It was a wonderful interview from one of the world's true semiconductor innovators. Well worth the watch.
I 7th the first i8
@durbanbay You were very true 15 years before
watching in 2024 it's crazy how much foresight these 2 had
This interview is gonna be historic in tech history.
He visited Jensen on his honeymoon trip😅
1:14:45 Here is a fun fact. Fifteen years ago in 2007 at the time of this interview, TSMC's market cap was around USD 40 billions. Nvidia's was about a quarter of TSMC's at $9 to 10B. Now, TSMC is 10 times of that at 400+B and NVDA's is 100 times larger at almost 1T.
This is amazing
As of March 2024, TSMC's market cap is $700 billion while that of NVIDIA is $2.2 trillion.
@@abhishekmhatre15543trillion now
2024/06/18, NVDA is now the most valuable company at $3.350T, surpassing both Microsoft ($3.332T) and Apple ($3.331T), while TSMC is at $705B
He's 93 years old now and still as sharp as ever.
Who is watching in 2024
great video. these 2 guys are true legends. They founded the 2 largest semiconductor companies! Jensen also correctly pointed out finding a strong successor is critical. It will be the biggest challenge for him. Intel was the king of the semi, but it has slowly lost everything after ~15 years of bad management. by the way, TSMC will achieve 14% compounding from 2007 to 2022
Fun fact TSMC grew 10 times for 14 years by market cap. God this video is amazing.
NVidia grew immensely too, more than 200x.
Two giants of the industry, how inspiring to see both generations share the same stage.
Both of them are Great Leader Industry in the world.❤😊
two brilliant entrepreneurs!
What a wonderful interview! Thank you!
Great interview. Interesting history with nuggets of business wisdom, was very interesting as someone with a passing interest in semi-conductor fabrication and TSMC
41:25 In the culture of Asia, building something that's one of a kind or the first of its kind is counter-cultural. They pride themselves on entrepreneurship, but it's usually driven by the desire of being your own boss, not by the desire of creating a new idea (which often leads to zero-sum competition).
43:54 Convincing employees to join a startup company is harder than convincing a VC.
I think it largely helped that Morris Chang sees himself as an American of Chinese origin than a Chinese man who settled in America - he came to Taiwan because the government courted him to lead semiconductor development after his leadership career at TI. Bringing that American attitude of "counterculture" compared to what prevailed in Asia probably helped a lot with getting TSMC to break through barriers where local firms could have failed.
@@MayukhNair Good analysis
TSMC core value: Integrity, commitment, innovation.
in 2007, tsmc annual revenue is 9B, by 2023, it is 70B, almost 8 times
I have finished watching this video completely.
(我看完這部影片了)
I am a Taiwanese who cares about the global affairs.
(我是一個關心全球事務的台灣人)
And, sadly, most of my fellow Taiwanese don't really care about the world.
(但是，很不幸地，我大部分的台灣同胞不那麼在意世界。)
Hopefully Taiwan can become increasingly globally-aware and globally-competitive.
(希望台灣可以越來越有全球意識與全球競爭力。)
God bless Taiwan.
(天佑台灣。)
+1
No, actually lots of Taiwanese do care about global affairs. Don’t be pessimistic.
@@care6999 i dont think so
I am Taiwanese too, my friend in Taiwan most care about is the salery afford to own a house.
我也是台灣人，我認識的台灣人，更多人在乎的是自己的薪水夠不夠買房子.
不過我知道這也是逼不得已的。
@@aertybhujm1 Disagree, "台灣人缺乏國際觀" is a misconception.
You can't expect a majority of people to care about international affairs deeply. It's not just Taiwan, but every country (not sure but I assume so) only has their beyond-middle class citizens understand the logic of diplomacy or global business.
As my observation, Taiwan already has a high proportion of people who care about geopolitics based on a kind of survival anxiety compared to many other developed countries.
the 5% investor was Mr. Wang ,the founder of FPG group which is currently the top 3 business tycoon in Taiwan.
Notice. Morris Chang was 77 years old at that time. Such a tough guy.
40:00 Evaluate the fab manager by customer complaints and satisfaction.
2021 who is watching this？
Hi!
@JIJI LEE Are you not a live body?
Me!
2023
2023 June
Well look at where they are now, arguably most dominant forces in semiconductor industry in design and manufacturing.
58:27 Guess the leather man is happy now?
1:09:50 That aged poorly.
13 years later when tsm beat intel.
Good job 👍
Now in 2023, Nvidia beats tsmc.
15年前，張董就已經知道Intel 和三星不是對手，真是非常有遠見。
@fychen semiconductor battle is not finished yet! Samsung and Intel is bigger than tsmc in many other sectors. The day of tsmc glory is numbered in my opinion and Nvidia seems going well nowadays but let see it in the 10 years from now. Remember that this 2 companies are literally from USA and are using USA technology. It's not from China! Both of them studied and worked in the American companies from the beginning.
@@alexlee2276 顯然股價不這麼認為
What about the new Blackwell ,, what would come of this (from Nvidia of course) by the way i am have no knowledge in anything. Sorry!
@@alexlee2276 I think everyone acknowledged those two great entrepreneurs starting their career in the US. Their discussion is all in English anyway so you do not have to overemphasize that. Get your boring nationalism out of here.
@@chi-yulee9234boring nationalism was told by your comrade fychen! So claim to him not me! Get a life!
young and handsome man gets handsomer every year
I’m watching it, December 22, 2024
2024?
legend!!
He is in Taiwan now
The CEO does not have to know the details of the operation. He is expected to hold his people (like directors ) that all the line people to be accessible and act to the N-th degree of details through open communication (daily, SOP and special training).
As a moderator, you can't even pronounce Huang??????????????
I see the rise of Asians. We deserve it.😎
Is it true south Koreans study 7 days a week and free time to study?
@@enriquecastillo-ni5mg that is the problem and the solution. Studying becomes like breathing.😎
Asians? You mean Chinese
It's algorithm! Bring us here
張董事長，您若要去開發和黃仁勳董事一起商討前往印度的行程
Jen-Hsun needs to stalk bragging about nVidia and focus more on Morris' history.
Jensen interrupts the man so much. Manners, manners
22:45 so funny
一個問題，世界之石。
google 翻譯成張國榮與黃仁勳的對話
You beed to grow 18.5% CAGR to become 4x your size in 15 years
But nevermind, TSMC, far beat that...
Samsung has been operating chip factory in Austin TX since 1996 and expanded while TSMC is just building new factory in AZ and caused chip shortage. Samsung is also building new factory in Taylor TX after Washington asked for help. Taiwanese company should not expect any tax break after they sent chips to China and used Chinese middle man to cause this chip shortage.
tsmc is building in AZ now bcz Pentagon asked them to do so. Chips inside US fighter jets should be made in US. Morris has said free market and free trade is best for chip industry. Industrial policy and subsidiary are not effective and bad for it.
Morris Chang is a native from Mainland China. He applied for a Scholarship to American Remand College. He helped fellow Students with Mathematics ! He done good after never giving up his Beliefs in Self Improvement ! 💪💪💪
He was born in mainland China during the period of the Republic of China, and immigrated to the United States with his family when he was in high school. Until he came to Taiwan in his 50s, his family never had Chinese nationality, only Taiwanese and American nationalities.
yes, it was the ATi!
2023 still😂
Wow
The pioneers of AI
"turn off your treos"
Rare gem
Where's my RTX 3080!???
2024 while nv become most valuable company in the world
T
Free the mainlanders
Wilson John Lewis Eric Rodriguez Jessica
長江後浪推前浪，Nvidia’s technology will soon pass TSMI !
你完全不懂 TSMC NVDA 的商業模式是完全不一樣的。
好像你將農夫和餐館在做比較！
牛頭不對馬嘴。
這些國家太沒有法治，以致於上天不斷給他們磨難，但他們還是不能醒悟，無法意識出上天給他們的法則道義，他們只有心生不滿，更是妒嫉台灣這土地為何可以風平浪靜，台灣最近一些災難大多數是人為，並非天災，這些國家真的要自省，千萬別將自己的不滿反應在別的國家身上，是很缺德很喪失良心的行為，拜托請諸位高層多勸導這些國家的領導別再興風作浪，害台灣人身家性命，將天理不容，報應隨之將近
今日來到媽祖廟，媽祖指示台灣與中國統一必須先將台灣制度條例先制定好，才能完成統一，和土地公福德正神指示的都是一樣
台灣要前往中東發展，若沒有完成統一，他國必然認為我們與中國國共內鬥政局不穩，想要和我們經濟上面的合作意願是微乎其微，既然如此又何必堅持獨立的思維，一旦統一經濟由中國作為後盾，台灣將來的願景如此之美好
台灣人為了錢在我家水管進水處放置毒物，水流出來的都是污水，還尾隨跟蹤找店家下毒，害我吃了一直在不舒服
Did you check with a police or, even more appropriately, a medical doctor?
台灣要前往中東發展，若沒有完成統一，他國必然認為我們與中國國共內鬥政局不穩，想要和我們經濟上面的合作意願是微乎其微，既然如此又何必堅持獨立的思維，一旦統一經濟由中國作為後盾，台灣將來的願景如此之美好
今日來到媽祖廟，媽祖指示台灣與中國統一必須先將台灣制度條例先制定好，才能完成統一，和土地公福德正神指示的都是一樣