輝達亞洲供應鏈為黃仁勳下台後的局面做準備

記者 Wen-Yee Lee、Hyunjoo Jin 與 Heekyong YangBy Wen-Yee Lee, Hyunjoo Jin and Heekyong Yang

台北／首爾，11月12日（路透社）——從記憶體晶片重鎮南韓，到先進晶片製造樞紐台灣，美國晶片巨擘輝達（Nvidia）在亞洲各地的合作夥伴與供應商，正重新擬定計畫，以因應執行長黃仁勳可能因兩段婚外情報導而遭罷黜的情況。TAIPEI/SEOUL, Nov 12 (Reuters) - US chip giant Nvidia's partners and suppliers across Asia, from memory chip powerhouse South Korea to advanced chipmaking hub Taiwan, are redrawing plans in case Chief Executive Jensen Huang is ousted over reports of two extramarital affairs.

一名知情人士告訴路透社，輝達董事會將於週三晚間開會決定黃仁勳的去留；這與週日董事會表達對黃仁勳及其領導團隊信心的做法相比，是策略上的急遽轉變。Nvidia's board is meeting late on Wednesday to decide on Huang's future, a source familiar with the matter told Reuters, in a sharp shift of tactics from Sunday, when the board expressed confidence in Huang and his leadership team.

一名台灣供應商主管表示：「無論輝達需要什麼產能，我們都會支持，但新任執行長可能不會像 Jensen 那樣積極。」這名主管擔心，若繼任者在敲定製造產能方面不如黃仁勳迅速，他所在公司的擴產可能會放緩。"We will support whatever capacity Nvidia needs, but the new CEO may not be as aggressive as Jensen," said an executive at a Taiwan supplier who feared his company's expansion could slow if a successor was not as quick to tie up manufacturing capacity.

由於此議題敏感，這名主管要求匿名。The executive sought anonymity because the subject is a sensitive one.

黃仁勳從未欽點接班人，但分析師與投資人認為，至少就短期而言，有兩名人選尤其可能接任：輝達的超級工程師伊恩・巴克（Ian Buck），以及財務長柯蕾特・克雷斯（Colette Kress）。Huang has never anointed a successor, but analysts and investors see two candidates as particularly likely, at least for the short term: Nvidia's uber-engineer Ian Buck and Chief Financial Officer Colette Kress.

黃仁勳若遭遇任何挫折，都可能使 AI 產業失去最具聲量的倡議者之一。Any setback for Huang could deprive the AI industry of one of its most vocal champions.

他的長期策略與方向，已把這家晶片巨擘日益膨脹的現金部位，轉化為資助企業的戰備資金，對象涵蓋 AI 雲端運算供應商、供應商，以及規模最大的實驗室。His long-term strategy and direction have turned the chip giant's swelling cash pile into a war chest to fund companies ranging from AI cloud-computing providers and suppliers to the biggest labs.

Counterpoint Research 研究副總裁尼爾・沙阿（Neil Shah）表示：「若沒有他掌舵，我們很可能會看到，輝達方面在新的、積極的生態系層級投資，以及利潤豐厚的雙邊 AI 基礎設施交易上放慢腳步。」"Without him at the helm, we will likely see a slowdown in new, aggressive ecosystem-level investments and lucrative bilateral AI infrastructure deals from NVIDIA side," said Neil Shah, vice president of research at Counterpoint Research.

頻繁造訪期間建立強大的供應商網絡BUILT STRONG SUPPLIER NETWORK DURING FREQUENT VISITS

這位長期領導輝達的主管，經常造訪台灣，與台積電（TSMC）、鴻海（Foxconn）和緯創（Wistron）等關鍵製造夥伴強化關係，並在台灣建立了強大的供應商網絡。The longtime Nvidia leader has built a strong supplier network in Taiwan during frequent visits to strengthen ties with key manufacturing partners such as TSMC, Foxconn and Wistron.

他在5月表示，輝達計畫每年在台灣投資約1,500億美元。In May, he said Nvidia planned to invest about $150 billion a year in Taiwan.

天風國際證券分析師郭明錤表示：「他能把工程師認為可行的技術，轉化為整家公司投入資源、承擔風險並且必須交付成果的產品。」"He can take technologies his engineers believe are possible and turn them into products the whole company commits resources to, takes risks on, and has to deliver," said Ming-Chi Kuo, an analyst at TF International Securities.

「這就是為什麼供應鏈能獲得如此明確的訂單能見度，也願意跟上積極的規格升級。"That's why the supply chain gets such strong order visibility and is willing to keep up with aggressive spec upgrades.

「這也迫使競爭對手跟進，進而推動整個 AI 產業的技術升級與供應鏈投資。」"It also forces competitors to follow, which drives technology upgrades and supply chain investment across the entire AI industry."

台積電股價下跌2%，SK海力士（SK Hynix）下跌1.6%。三星電子（Samsung Electronics）上漲0.8%。Shares in TSMC traded 2% lower, while SK Hynix fell 1.6%. Samsung Electronics rose 0.8%.

台積電、SK海力士與三星未立即回應採訪請求。TSMC, SK Hynix and Samsung did not immediately respond to requests for comments.

路透社週四報導，在中國，AI 公司正尋求確保能在海外取得輝達晶片，因為它們擔心這起醜聞可能促使華府收緊對遠端使用先進處理器的限制。In China, AI companies are seeking to secure overseas access to Nvidia chips, concerned that the scandal could spur Washington to tighten curbs on remote access to advanced processors, Reuters reported on Thursday.

在南韓，企業正評估領導層變動可能對其與這家美國公司日益擴大的關係意味著什麼。南韓是輝達 AI 晶片所用高頻寬記憶體的關鍵供應商所在地。Companies in South Korea, home to key suppliers of the high-bandwidth memory used in Nvidia's AI chips, were assessing what a leadership change could mean for their expanding ties with the US firm.

輝達與記憶體晶片製造商 SK海力士的母公司 SK集團（SK Group），正推動一項 AI 計畫，涵蓋大型資料中心與下一代晶片，價值約5,000億美元。Nvidia and SK Group, parent of memory chipmaker SK Hynix, are pursuing an AI initiative encompassing large-scale data centres and next-generation chips valued at about $500 billion.

合作關係從晶片延伸至機器人TIES EXTEND BEYOND CHIPS INTO ROBOTICS

在建立並深化輝達與南韓企業領袖的關係時，黃仁勳已把合作範圍從半導體延伸至機器人與 AI 工廠。In forging and deepening Nvidia’s ties with Korean business leaders, Huang has extended partnerships beyond semiconductors into robotics and AI factories.

南韓網路公司 Naver 創辦人李海珍（Lee Hae-jin）表示，他訪問美國時，黃仁勳親自在白板上勾勒合作路線圖。He personally sketched a roadmap for collaboration on a whiteboard when Lee Hae-jin, founder of South Korean internet firm Naver, visited the US, the latter said.

一名與輝達有業務往來的南韓晶片公司主管表示：「多年來，我們已與黃仁勳建立牢固關係。」他指出，每當需要討論業務事項時，黃仁勳都能聯繫得上。"We’ve built strong ties with Huang over the years," said an official at a South Korean chip company with business ties to Nvidia, citing Huang's accessibility whenever business matters needed to be discussed.

「我們最大的問題是，潛在繼任者是否會與我們維持同樣有利的關係。」"Our biggest question is whether a potential successor would maintain the same favourable relationship with us."

Omdia 首席分析師蘇聯傑（Lian Jye Su）表示，黃仁勳離任可能改變輝達的長期方向；若其執行速度放緩，或產品路線圖的清晰度下降，可能讓競爭對手有更多追趕空間。Lian Jye Su, chief analyst at Omdia, said Huang's exit may shift Nvidia's long-term direction and any slowdown in its execution or loss of clarity over its product roadmap could give rivals more room to catch up.

儘管如此，一些投資人與分析師預期，任何領導層變動的立即影響有限。Still, some investors and analysts expect limited immediate impact from any change of leadership.

持有輝達股票的 Minotaur Capital 投資組合經理暨共同創辦人阿米娜・羅森柏格（Armina Rosenberg）表示：「輝達未來一兩年將出貨的晶片已經設計完成並投入生產，而其客戶的2027年支出計畫並不取決於由誰經營這家公司。」"The chips Nvidia will ship over the next year or two are already designed and in production, and its customers’ 2027 spending plans don’t depend on who runs the company," said Armina Rosenberg, portfolio manager and co-founder of Minotaur Capital, which holds Nvidia shares.

（台北 Wen-Yee Lee、首爾 Heekyong Yang 與 Hyunjoo Jin 採訪；Miyoung Kim 撰稿；Clarence Fernandez 編輯）(Reporting by Wen-Yee Lee in Taipei, Heekyong Yang and Hyunjoo Jin in Seoul; Writing by Miyoung Kim; Editing by Clarence Fernandez)