Nvidia commits $500 billion to boost U.S. AI chip production
On Monday, Nvidia announced a significant investment in infrastructure for developing artificial intelligence. Over the next four years, they plan to invest up to 500 billion to shift the production of advanced processors from Taiwan to the United States.
American giant Nvidia, in collaboration with TSMC, plans to focus on the local production of advanced technologies. The company is aligning with the reindustrialization policy introduced by Joe Biden's administration through tax incentives under the IRA (Inflation Reduction Act), which President Donald Trump emphasized.
The tech giant announced that over the next four years, it will invest up to 500 billion in the USA to develop artificial intelligence. This includes producing Nvidia's processors, which are currently made in Taiwan.
Reuters quoted Jensen Huang, the CEO of the Silicon Valley-based company, as saying that expanding American production will allow "[them] to meet the incredible and growing demand for AI chips and supercomputers, strengthens our supply chain and boosts our resiliency," strengthen Nvidia's supply chain, and increase the company's resilience.
Huang also mentioned that, as reported by Reuters, producing AI chips and supercomputers in the USA will create hundreds of thousands of jobs in the coming decades.
Apple will also invest 500 million dollars
Apple has similar plans to Nvidia. The smartphone manufacturer announced in February 2025 that it would invest 500 billion dollars in the USA over four years, which coincides with the length of a presidential term in the United States.
Most of Apple's consumer products are assembled outside the United States. Reuters notes that the company plans to allocate half a trillion dollars not only to advanced technologies but also, for instance, to the production of series and films for its streaming platform.
The agency points out that Apple, when Donald Trump's first term began in 2018, promised domestic investments worth 350 billion dollars. Reuters does not specify the extent to which this plan was realized.
Meanwhile, the administration of US President Donald Trump quietly introduced tariff exemptions, excluding smartphones, computers, and other devices and electronic components, as Bloomberg reported on Saturday. This could alleviate the price shock for consumers while benefiting giants in the electronics industry.
