Nvidia to invest ‘several hundred billion’ in US supply chain

Nvidia CEO Jensen Huang said Wednesday that the leading artificial intelligence chipmaker will invest hundreds of billions of dollars in the U.S. supply chain over the next four years. 

Huang made the announcement in an interview with the Financial Times. It follows moves by other technology companies, including Apple, which are unveiling multibillion-dollar investments in onshoring plans, as President Donald Trump’s administration implements its “America First” policies, and following the Republican’s Made in America campaign promise.

“Overall, we will procure, over the course of the next four years, probably half a trillion dollars worth of electronics in total,” Huang reportedly told the FT. “And I think we can easily see ourselves manufacturing several hundred billion of it here in the US.”

Huang said the increased U.S. production would be possible through suppliers such as the Taiwan Semiconductor Manufacturing Company (TSMC) and Foxconn. Huawei in China poses a growing competitive threat, Huang told the FT, adding that he was confident in the Trump administration’s ability to form policy to speed up the AI industry in the U.S. 

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Jensen Huang, head of the chip company Nvidia, presents the AI computer DGX Station at the developer conference GTC. (Andrej Sokolow/picture alliance via Getty Images / Getty Images)

“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 the U.S.,” he reportedly said.

Last month, TSMC chief executive CC Wei announced a $100 billion investment in a state-of-the-art chip fabrication plant in Arizona. Trump said the investment would create 20,000-25,000 jobs and “hundreds of billions of dollars in economic activity and boost America’s dominance in artificial intelligence and beyond.” Trump has long decried Taiwan’s “monopoly” on AI chips. 

Wei said the pledge followed the $65 billion the company already promised to invest in U.S. production under former President Joe Biden’s administration. 

“TSMC investing in the U.S. provides for a substantial step up in our supply chain resilience,” Huang told the FT. 

U.S. tech companies, including Nvidia and Apple, have grown increasingly dependent on TSCM production facilities in Taiwan in recent years. 

Nvidia CEO Jensen Huang delivers the keynote address during the Nvidia GTC 2025 at SAP Center in San Jose, California, on Tuesday. (Justin Sullivan/Getty Images / Getty Images)

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