AsianFin -- Nvidia Corp. is set to invest hundreds of billions of dollars over the next four years to procure US-made chips and electronics, according to a report by the Financial Times.
CEO Jensen Huang revealed to the FT that the company’s latest chips and Nvidia-powered servers for data centers can now be manufactured at US-based facilities operated by Taiwan Semiconductor Manufacturing Co. (TSMC) and Foxconn Technology Group. This development marks a significant milestone in enhancing supply chain resilience for the Santa Clara, California-based chipmaker, Huang noted.
The announcement comes as Nvidia hosted its annual GTC developer conference this week, where Huang, 62, emphasized the company’s long-term goal of shifting more manufacturing onshore. Nvidia is already leveraging TSMC’s Arizona factory to produce some of its highly sought-after graphics processing units (GPUs), which have become a critical component in the ongoing surge of AI investments.
This strategic move underscores Nvidia’s commitment to strengthening domestic production capabilities and reducing reliance on overseas manufacturing amid growing global supply chain uncertainties.
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