Nvidia announced plans to manufacture up to $500 billion worth of AI infrastructure in the US over the next four years. This move follows recent trade tensions and tariff exemptions on chips, allowing Nvidia to boost its domestic production and strengthen its supply chain. CEO Jensen Huang stated that this will help meet growing demand for AI chips and supercomputers. The decision comes after President Trump's initial imposition and subsequent exemption of tariffs on imported semiconductors.
Prepared by Jonathan Pierce and reviewed by editorial team.
Comments