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  • 2 months ago
Nvidia CEO Jensen Huang announced that Blackwell GPUs are now fully produced in Arizona after Trump urged a U.S. manufacturing shift for national security and jobs. The company also unveiled a $1 billion partnership with Nokia to develop 5G and 6G hardware, reducing reliance on Chinese tech. Nvidia projects $500 billion in GPU sales as production expands to Rubin chips.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02NVIDIA CEO Jensen Huang said Tuesday that the company's Blackwell GPUs are now in full production in Arizona
00:07after previously being made only in Taiwan, that according to CNBC.
00:11Huang said Trump asked him to bring manufacturing back to the U.S. nine months ago,
00:15setting national security and job creation.
00:18NVIDIA also announced a $1 billion partnership with Nokia to build 5G and 6G telecom gear
00:23using American technology, part of a broader effort to reduce reliance on Chinese firms like Huawei.
00:28Huang said the deal demonstrates NVIDIA's role in rebuilding the U.S. technology stack.
00:32NVIDIA expects $500 billion in GPU sales between Blackwell and next year's Rubin chips
00:37with 6 million Blackwell unit chips so far.
00:40For all things money, visit Benzinga.com.
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