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America Wins: Tech Mogul Confirms Massive Investment Under Trump

Technology company Nvidia will spend hundreds of billions on manufacturing chips and other electronics in the United States, a move that comes as President Donald Trump hikes tariffs for products made overseas.

Nvidia CEO Jensen Huang said in comments to the Financial Times Thursday that the company is seeking to decrease reliance on Asian supply chains.

“Overall, we will procure, over the course of the next four years, probably half a trillion dollars worth of electronics in total,” Huang told the business news outlet.

“And I think we can easily see ourselves manufacturing several hundred billion of it here in the U.S.,” he added.

Nvidia can now manufacture its newest systems domestically through Foxconn and Taiwan Semiconductor Manufacturing Company, both of which have expanded their footprints in the United States in recent months.

“TSMC investing in the U.S. provides for a substantial step up in our supply-chain resilience,” the executive noted.

He also foresaw heightened competition with Chinese technology company Huawei.

Huang credited the White House, which has hiked tariffs on China and other nations, for making efforts that he said would accelerate artificial intelligence development.

“Having the support of an administration who cares about the success of this industry and not allowing energy to be an obstacle is a phenomenal result for AI in