Nvidia Unveils $500 Billion Plan To Manufacture AI Supercomputers In U.S. To Strengthen Supply Chain And Meet AI Chip Demand

Benzinga

Nvidia announced plans to produce its AI supercomputers entirely in the U.S. for the first time, according to CNBC. The chip giant unveiled a $500 billion domestic infrastructure push over the next four years through its manufacturing partners. CEO Jensen Huang said the move will improve supply chain resilience and meet rising demand for AI chips. Nvidia is constructing supercomputer manufacturing plants in Texas, partnering with Foxconn in Houston and Wistron in Dallas. The company expects both facilities to reach mass production within 12 to 15 months.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02NVIDIA announced plans to produce its AI supercomputers entirely in the U.S. for the first time, according to CNBC.

00:08Chip giant unveiled a $500 billion domestic infrastructure push over the next four years through its manufacturing partners.

00:15CEO Jensen Huang said the move will improve supply chain resilience and meet rising demand for AI chips.

00:20NVIDIA is constructing supercomputer manufacturing plants in Texas, partnering with Foxconn in Houston and Wistron in Dallas.

00:27The company expects both facilities to reach mass production within 12 to 15 months.

00:31For all things money, visit Benzinga.com slash GSTV.

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