Nvidia announced plans to invest up to $500 billion in AI server manufacturing in the US in collaboration with partners like TSMC. This initiative aligns with the Trump administration's focus on boosting local manufacturing and aims to create hundreds of thousands of jobs. The production includes Nvidia's Blackwell AI chips at TSMC's Phoenix facility and supercomputers by Foxconn and Wistron in Texas. Despite the ambitious numbers, analysts remain skeptical about their feasibility, referencing past corporate promises. The announcement follows the US's recent exemption of certain electronics from reciprocal tariffs on China, highlighting the pressures of inflation and the importance of the AI industry.
Manufacturing AI chips and supercomputers in the US will create hundreds of thousands of jobs in the coming decades, Nvidia said.
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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