Nvidia and Apple shift production from Taiwan to the US
On Monday, Nvidia announced a significant investment in infrastructure for developing artificial intelligence. Over the next four years, they plan to spend up to 500 billion dollars (£379 billion) to transfer production of advanced processors from Taiwan to the United States.
The American giant Nvidia, in partnership with TSMC, intends to focus on local production of advanced technologies. The company is aligning its operations with the reindustrialisation strategy implemented by Joe Biden's administration, which has introduced tax incentives under the IRA (Inflation Reduction Act), now also being emphasised by President Donald Trump.
The tech giant announced that it will invest up to 500 billion dollars (£379 billion) in the USA over the next four years for the development of artificial intelligence. This includes the production of Nvidia's processors, which are currently predominantly manufactured in Taiwan.
Jensen Huang, the CEO of the Silicon Valley-based company, emphasized to Reuters that expanding manufacturing in the United States will help the company better respond to the soaring demand for AI chips and supercomputers. He also noted that this move will reinforce Nvidia's supply chain and enhance its resilience against potential disruptions.
Huang also noted that the production of AI chips and supercomputers in the USA will create hundreds of thousands of jobs in the coming decades, according to Reuters.
Apple will also spend 500 million dollars
Apple has similar plans to Nvidia. The smartphone manufacturer announced in February 2025 that it will invest 500 billion dollars (£379 billion) in the USA. This spans over four years, which - it's worth noting - coincides with the term length of a US presidency.
Most of Apple's consumer products are assembled outside the United States. The company plans to allocate half a trillion dollars not only for advanced technologies but also, for instance, to the production of series and films for its streaming platform, according to Reuters.
The agency highlights that Apple pledged domestic investments worth 350 billion dollars (£266 billion) in 2018, at the start of Donald Trump's first term. Reuters does not specify to what extent this plan was realised.
Meanwhile, the administration of US President Donald Trump quietly introduced tariff exemptions, excluding smartphones, computers, and other devices and electronic components - Bloomberg reported on Saturday. This could mitigate the price shock for consumers while benefitting giants in the electronics industry.
