President Trump announced that NVIDIA (NVDA, Financial) will receive expedited permits for its planned supercomputer manufacturing in the United States. This move comes after NVIDIA revealed its intention to invest up to $500 billion in AI infrastructure within the country, a project expected to create hundreds of thousands of jobs over the next few decades and generate trillions in economic impact.
Trump praised this development as a significant and exciting milestone and pledged to fast-track permits for all companies aiming to contribute to America's golden era. The investment highlights NVIDIA’s commitment to domestic growth and innovation in artificial intelligence.