He said that Intel had been on the blower interested in Nvidia using their foundries and it was interested in exploring the ideas.

Foundry discussions take a long time as it's about integrating supply chains, so don’t expect any news on the matter soon.

Chipzilla mostly makes chips it designs has decided to expand its business into making chips that others design too. It recently announced several multibillion-dollar projects for new manufacturing centres in the United States and Europe.

Investors have been wondering for a while who Intel would get to sign up to its new chip factories. Last year Intel said Qualcomm and Amazon.com would be customers for its foundry business. read more

Intel CEO [kicking] Pat Gelsinger said he had "no particular timeline" but confirmed that there were ongoing discussions with Nvidia.

Taiwan Semiconductor Manufacturing builds the bulk of Nvidia chips and Huang said "being a foundry at the calibre of a TSMC is not for the faint of heart," adding that it requires a change in culture to provide not just processes but service.

Asked about whether he would be concerned about working with a competitor like Intel, Huang said trusting and working with industry partners is key and Nvidia has been partnering with many companies including Intel for a long time.

"Intel has known our secrets for years," he said.