Nvidia to produce AI tools worth up to $500 billion in US over four years
The announcement on Monday includes the production of its Blackwell AI chips at Taiwan Semiconductor Manufacturing Co's factory at Phoenix, Arizona, as well as supercomputer manufacturing plants in Texas by Foxconn and Wistron that are expected to ramp up in the next 12 to 15 months, Nvidia said. The move aligns the AI chip giant, majority of whose processors are produced in Taiwan, with a clutch of tech firms that have been pledging to bring manufacturing back to the U.S. amid the threat of steep tariffs from President Donald Trump.