Kif Leswing, CNBC:

Nvidia will become TSMC’s largest customer this year, according to analyst estimates and Huang himself. Apple is believed to currently be TSMC’s largest customer, mostly to manufacture A-series chips for iPhones and M-series chips for PCs and servers.

The positional swap will mark a fundamental shift in the semiconductor industry, reflecting Nvidia’s growing importance amid the artificial intelligence infrastructure build-out. [...]

Ben Bajarin, principal analyst at Creative Strategies, said he projects Nvidia to generate $33 billion in TSMC revenue this year, or about 22% of the chip foundry’s total. Apple, by comparison, is projected to generate about $27 billion, or about 18% of TSMC’s revenue.