Nvidia’s Jensen Huang Heads to Taipei With a Surprise Product, a $150 Billion Promise, and a Delicate China Balancing Act

The week before the industry’s biggest hardware showcase in Taipei, Jensen Huang’s schedule read like a diplomatic ledger. On May 28, he joined the board of Tsinghua University’s School of Economics and Management, a body chaired by Apple’s Tim Cook and counting Elon Musk and Satya Nadella among its members. The move comes amid tight US export controls on Nvidia’s most advanced AI chips and follows Huang’s recent participation in President Trump’s China trip. Market observers see the academic appointment as a quiet bid to keep diplomatic and research channels open in a market Nvidia can no longer freely serve. A day later, Nvidia and Microsoft posted cryptic coordinates on social media pointing to the Taipei Music Center, accompanied by the slogan “A new era of PC.” The message telegraphs an ARM-based processor, internally dubbed N1 or N1X, built on TSMC’s 3-nanometer process and packing a Blackwell GPU with up to 6,144 CUDA cores. The chip is designed to challenge Apple’s M5 Pro and Qualcomm’s Snapdragon X2 Elite in the Windows segment, and a formal unveiling is expected during Huang’s keynote on June 1 at the Computex Taipei trade show.

That keynote, scheduled for 11:00 a.m. local time, carries a dual role: product launch and sentiment test for a stock that has slipped roughly 10% from its 52-week high. Nvidia’s shares closed at €181.40 in Frankfurt on Friday, down 1.39% on the day, with the RSI sitting at an oversold 36.4. Despite the near-term softness, the stock remains 13% above its 200-day moving average of €160.61 and has gained nearly 49% year-to-date. The slide has occurred against a backdrop of stellar operational performance: Nvidia’s data center segment alone generated $75.2 billion in the most recent quarter, representing 92% of total revenue, which climbed 85% year-over-year to $81.6 billion. The company’s market capitalization stands at roughly $5.2 trillion, supported by a massive $80 billion share buyback program. On May 27, director John Dabiri sold 625 shares at $214 each under a pre-arranged trading plan from December 2025, leaving him with 14,163 shares. That sale, though trivial relative to Nvidia’s float, comes as the stock tests immediate support near $200 and faces resistance around $215.

The data center juggernaut shows no signs of slowing. Huang has highlighted an accelerating shift toward agentic AI systems, which dramatically increases inference demand across enterprises. Nvidia is ramping Blackwell Ultra systems while readying the Vera Rubin platform for launch later this year, and the company is reportedly deprioritizing its legacy gaming business to channel resources into data center products. Supply constraints for next-generation AI semiconductors are expected to persist at least through the end of 2026, but that bottleneck has done little to dampen the long-term outlook. Analysts project the global market for AI infrastructure could reach $3 trillion to $4 trillion annually by the decade’s end, a scale that would further entrench Nvidia’s dominance.

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Meanwhile, Huang is making an equally audacious bet on Taiwan’s role in that future. During a Computex event, he announced that Nvidia will boost its annual spending in Taiwan to $150 billion, underscoring the island’s critical position in the company’s supply chain. He also dismissed the notion that Huawei’s technological advances threaten TSMC’s leadership in advanced packaging, particularly 3D stacking. The investment pledge comes at a politically sensitive moment, as the US maintains strict curbs on exports of Nvidia’s most powerful chips to China. Huang’s Tsinghua board seat and his Trump-escorted China trip suggest a careful balancing act: preserving access to Chinese academic and diplomatic networks while steering the bulk of capital and production toward Taiwan.

The June 1 keynote, then, is far more than a product launch. Huang has promised a “surprising new product” — a hint that has pushed expectations higher for concrete details on the Vera Rubin architecture and a roadmap stretching to 2028. The market is hungry for a clear catalyst after weeks of consolidation. With the stock already oversold on a relative strength basis and the long-term uptrend intact, investors will be watching whether Huang can turn his multi-front strategic push into the next leg higher.