Nvidia CEO Jensen Huang on Wednesday said the chip manufacturing company could invest hundreds of billions of dollars in the United States.
“I think we can easily see ourselves manufacturing several hundred billion of it here in the U.S.,” Huang told the Financial Times. He added the Trump administration could help boost the expansion of the American artificial intelligence (AI) industry.
The Nvidia CEO said Nvidia could manufacture its latest chip systems in America through Taiwanese suppliers such as TSMC and Foxconn, although he noted the company faces increasingly steep competition from Chinese telecommunications firm Huawei.
“TSMC investing in the U.S. provides for a substantial step up in our supply chain resilience,” he explained.
Reuters explained:
Earlier on Wednesday, Huang told analysts at the company’s developer conference in
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