NVIDIA CEO Jen-Hsun Huang dispelled rumors that his company may shift foundry orders for its Tegra SoC from TSMC to GlobalFoundries. Huang emphasized NVIDIA's strong relationship with TSMC, and revealed that he's optimistic about PC market demand in the fourth quarter. Moreover, Huang once again shared that he doesn't see the processors with integrated graphics from AMD and Intel as a major threat.
Despite that the current global economy is fluctuating quickly and it is difficult to accurately estimate the PC market status for the fourth quarter, Huang noted that he is optimistic about PC market demand in the quarter, since demand remains strong in China, while Europe and the US are seeing demand recovering gradually. Meanwhile, the company also saw its third-quarter sales perform stronger than in the second.