The movement of the chips manufacturer is the last of technology companies to bring jobs to the United States.
The Nvidia chips manufacturer says it plans to build artificial intelligence servers worth up to $ 500 billion in the United States in the next four years with the help of partners such as TSMC. Nvidia is the last American technology firm to support the administration of President Donald Trump for local manufacturing.
Monday’s announcement includes the production of its Blackwell AI chips in the TSMC factory in Phoenix, Arizona, and supercomputer manufacturing plants in Texas by Foxconn and Wistron, which are expected to increase in 12 to 15 months.
“Adding US manufacturing helps us better meet the incredible and growing demand for AI and supercomputer chips, strengthens our supply chain and increases our resistance,” said the CEO of Nvidia, Jensen Huang.
“The manufacture of chips and IA supercomputers in the United States will create hundreds of thousands of jobs in the coming decades,” Nvidia said in a statement.
Huang had said in March that Nvidia sees little impact in the short term of the highest rates in the USA., But would transfer production to the United States in the long term without giving a timeline.
According to an analysis of Yale’s budget laboratory, tariffs could make 740,000 people lose their jobs in the United States economy by the end of the year.
Nvidia’s announcement aligns the AI chips giant, whose processors are mostly made in Taiwan, with a group of technology companies that have pledged to take the manufacture of return to the United States in the midst of threats of steep Trump rates.
The Trump administration promoted the measure. “The thesis thesis is good for the American worker, good for the US economy and good for American national security, and the best is yet to come,” said the White House in a statement.
“It is unlikely that Nvidia has transferred any production to the United States if it were not for the pressure of the Trump administration,” said Da Davidson’s analyst Gil Luria, to the Reuters news agency.
“The half -billion number is probably hyperbole in the same way that Apple made half a billion promise.”
Apple, which meets its iPhones in China, made an investment commitment of $ 500 billion to expand in the United States. In February, the technological giant based in Silicon Valley said he would open a new manufacturing installation in Houston, Texas.
While Apple’s investment would be the largest it has made, the company made similar commitments under President Joe Biden in 2021 or $ 430 billion and Trump’s first mandate in 2018 or $ 350 billion.
Nvidia’s announcement occurred three days after Trump exempted electronics, such as smartphones and fried potatoes of her reciprocal tariffs on China, but the White House said she would announce a new rate in the imported chips approximately next week.
The exemptions indicate a growing awareness within the Trump administration of the pain that tariffs could inflict American consumers tired of inflation, as well as the booming industry, which depends on tools related to Chip of China and Taiwan.
Nvidia said on Monday that TSMC began the production of her latest generation of chips in her Arizona factory.
Despite the announcement, the measure has not suffocated the fears of investors. As of noon in New York (16:00 GMT), the actions of the chips manufacturer traded 0.8 percent.