NVIDIA STOCK LEAPS AFTER MASSIVE U.S. INVESTMENT SURPRISE:
Nvidia unveiled plans for a massive investment in its U.S.-based manufacturing Monday as the ripple effects of President Donald Trump’s tariff gambit, as well as China’s retaliation toward the tech sector, continue to reverberate.
Nvidia said it planned to produce an American-made supercomputer from a U.S. platform, and planned to produce as much as $500 billion in artificial-intelligence infrastructure over the next four years as part of a partnership with Foxconn and Taiwan Semiconductor.
The plants are expected to be built in Arizona, to test Nvidia Blackwell chips, and in Texas, to test AI supercomputers.
“The engines of the world’s AI infrastructure are being built in the United States for the first time,” said CEO Jensen Huang. “Adding American manufacturing helps us better meet the incredible and growing demand for AI chips and supercomputers, strengthens our supply chain and boosts our resiliency.”
Meanwhile, in recent Apple news:
