March 20 - Nvidia (NVDA, Financial) is reported to invest hundreds of billions of dollars in U.S.-made chips and electronics over the next four years. The commitment totals nearly half a trillion dollars in electronics procurement, reflecting a robust onshoring strategy.
According to the Financial Times, Jensen Huang, Nvidia's co-founder and CEO, said the company expects to produce several hundred billion dollars' worth of products domestically. He noted that the latest Blackwell systems are now built in the United States. Strategic moves by Taiwan Semiconductor Manufacturing (TSM, Financial) in the U.S. further reinforce these efforts.
Huang also mentioned that while any disruption in Taiwan's manufacturing would be "uncomfortable," the impact should remain manageable. He pointed to Chinese technology giant Huawei's growing influence in AI chip and smartphone sectors despite U.S. restrictions.
In addition, Nvidia dismissed reports of consortium talks with Taiwan Semiconductor and Intel (INTC, Financial), stating that the firm is continuously evaluating foundry and chip packaging services. Nvidia's annual GTC event has drawn significant global attention amid these developments.
