Gurley says new chip startups face impossible barriers competing with Nvidia for TSMC capacity and achieving good yields.
“How are you going to out compete Nvidia for TSMC's time? Right. Like, how are you going get on that place? And it's hard, you know?”
Gurley highlights TSMC chairman publicly stating Sam Altman is too aggressive to believe.
“There was a super interesting comment made by the new chairman of TSMC where he said, OpenAI, Sam Altman, is too aggressive for me to believe.”
Gurley notes TSMC announced 20% across-the-board price increase as expected proof point of supply-demand dynamics.
“Another thing that came out this morning that I was kind of waiting on as a proof point, because it didn't make sense to me that it hadn't happened yet, TSMC said they're gonna do across the board 20 price increase.”