Nvidia’s CEO Says the US Should ‘Reduce’ Dependency on Other Countries, Onshore Technology Manufacturing
UNITED STATES, JUL 13 – Nvidia's CEO highlights the need for US investment in AI chip manufacturing to ensure security and economic growth, with 20 countries pursuing sovereign AI systems, analysts say.
- Nvidia CEO Jensen Huang said in a Sunday CNN interview that the U.S. should invest in onshoring technology manufacturing to reduce dependency on other countries.
- This perspective follows Trump administration policies including sweeping tariffs and a $100 billion investment announced in March to revive America's manufacturing sector.
- Huang highlighted that a rich domestic ecosystem of industries and manufacturing supports economic growth, job creation, and societal productivity gains.
- He stated AI technology works today and expects significant advances in three to five years, with AI aiding drug discovery and virtual assistant researchers helping to cure diseases.
- Several countries, including those in Europe and the Middle East, have initiated sovereign AI projects that could potentially bring Nvidia cumulative revenues of up to $200 billion in the coming years.
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Nvidia’s CEO says the US should ‘reduce’ dependency on other countries, onshore technology manufacturing | News Channel 3-12
By Auzinea Bacon, CNN (CNN) — America’s plan to “re-industrialize” technology manufacturing is “exactly the right thing,” said Jensen Huang, CEO of the world’s leading AI chipmaker. In an interview with CNN’s Fareed Zakaria, Huang, who heads the Santa Clara, California-based Nvidia, said the United States should invest in manufacturing and is currently “missing that entire band in our industries.” “That passion, the skill, the craft of making th…
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