Nvidia plans to invest up to $500 billion in AI servers and chip manufacturing in the United States with partnerships from TSMC, Foxconn, and Wistron. This initiative aligns with the Trump administration's push for local manufacturing, aiming to create a significant number of jobs. The production of the Blackwell AI chips in Arizona and supercomputers in Texas underscores the importance of onshoring for enhancing supply chains and meeting the growing demand for AI technology. Nvidia CEO Jensen Huang emphasizes the necessity of American manufacturing for long-term resilience despite potential short-term impacts from tariffs.
Adding American manufacturing helps us better meet the incredible and growing demand for AI chips and supercomputers, strengthens our supply chain and boosts our resiliency.
Manufacturing AI chips and supercomputers in the US will create hundreds of thousands of jobs in the coming decades.
Onshoring these industries is good for the American worker, good for the American economy, and good for American national security.
It is unlikely Nvidia would have moved any production to the US if it was not for pressure from the Trump administration.
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