During a recent interview with The Financial Times, Nvidia’s chief executive and co-founder Jensen Huan confirmed his company will spend hundreds of billions of dollars on chips and other electronics manufactured in the US over the next four years.
“Overall, we will procure, over the course of the next four years, probably half a trillion dollars worth of electronics in total,” Huang told the Financial Times. “And I think we can easily see ourselves manufacturing several hundred billion of it here in the US.”
From The Financial Times:
In a wide-ranging interview, Huang said the leading artificial intelligence chipmaker was now able to manufacture its latest systems in the US through suppliers such as Taiwan Semiconductor Manufacturing Company and Foxconn, and that he saw a growing competitive threat from Huawei in China.
This week, at Nvidia’s annual developers’ conference, Huang unveiled the next generation of its AI chip, Vera Rubin, outlining his plan to build clusters of millions of interconnected chips in giant data centers that will require a vast power supply.
Huang said he believed the Trump administration could accelerate the development of America’s AI industry. “Having the support of an administration who cares about the success of this industry and not allowing energy to be an obstacle is a phenomenal result for AI in the US,” he said.
This month, Taiwanese chip maker TSMC also announced a $100bn investment in manufacturing facilities in Arizona, which came in addition to a $65bn investment agreed under the Biden administration.
CNBC: "Nvidia CEO Jensen Huang says his company is set to spend hundreds of billions on chips and other electronics manufactured in America over the next four years." 🔥 pic.twitter.com/qVAAaBzmTN
— Rapid Response 47 (@RapidResponse47) March 20, 2025
More over at The Financial Times:
🇺🇸 Nvidia to spend hundreds of billions on US supply chain, says chief – FThttps://t.co/oQPIODcnaL
— Christophe Barraud🛢🐳 (@C_Barraud) March 20, 2025
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