Nvidia to invest billions in US chip production over four years, FT reports
- Nvidia plans to invest hundreds of billions in U.S. Chip production over the next four years, according to CEO Jensen Huang as reported by Financial Times.
- Huang stated that Nvidia aims to reduce its reliance on Asian supply chains and can manufacture several hundred billion dollars' worth of electronics in the U.S.
- The investment comes as President Donald Trump increases tariffs on products made overseas, providing support for Nvidia's expansion efforts, Huang noted.
26 Articles
26 Articles
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AI chipmaker Nvidia to invest billions in US amid Trump onshoring push: CEO
Nvidia CEO Jensen Huang said Wednesday that the leading artificial intelligence chipmaker will invest hundreds of billions of dollars in the U.S. supply chain over the next four years. Huang made the announcement in an interview with the Financial Times. It follows moves by other technology companies, including Apple, which are unveiling multibillion-dollar investments in onshoring plans, as President Donald Trump's administration implements its…
Nvidia Chief Says Company Plans to Spend Hundreds of Billions on Manufacturing in US
Nvidia Corp. CEO Jensen Huang said in an interview published on March 20 that the company will likely spend hundreds of billions of dollars on manufacturing in the United States. In an interview with the Financial Times, Huang said the Wall Street darling plans on spending “probably half a trillion” on electronics over the next four years. “I think we can easily see ourselves manufacturing several hundred billion of it here in the U.S.,” Huang s…
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