NVIDIA Increases Foundry Outsourcing to TSMC and UMC

According to the Taiwanese Economic News site, NVIDIA is planning to increase production in Taiwan Semiconductor Manufacturing (TSMC) and United Microelectronics (UMC), in order to keep up with the strong demand for its graphics chips. Throughout the last quarter NVIDIA had contracted TSMC to make a record 50,000 wafers of 65nm chips and UMC to make 7,000-9,000 wafers of the same chips. Now industry watchers forecast TSMC will produce up to 60,000 wafers for NVIDIA, while the volume production of UMC will rise to 10,000-12,000 wafers over the next quarter. With the strong demand for NVIDIA cards growing, the company's executives estimate to beat the record revenue of $935.3 million achieved for the same period of last year.