Nvidia to invest billions in US chip production over four years, FT reports


FILE PHOTO: Nvidia CEO Jensen Huang delivers the keynote for the Nvidia GPU Technology Conference (GTC) at the SAP Center in San Jose, California, U.S. March 18, 2025. REUTERS/Brittany Hosea-Small/File Photo

(Reuters) -Nvidia plans to invest hundreds of billions of dollars in U.S.-made chips and electronics over the next four years, the Financial Times reported on Wednesday, quoting CEO Jensen Huang.

The artificial intelligence chip giant expects to spend around half-a-trillion dollars on electronics during the four-year period, according to the report.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Spotify says piracy activists hacked its music catalogue
Italy watchdog orders Meta to halt WhatsApp terms barring rival AI chatbots
Podcast industry under siege as AI bots flood airways
Do online comments sections reflect public opinion? Study casts doubt
AI resurrections of dead celebrities amuse and rankle
US adds new models of China’s DJI and all other foreign-made drones to its blacklist
US denies visas to EU ex-commissioner, four others over tech rules
Online daters are getting serious about vetting their matches
Waymo to update software after San Francisco power outage snarls self-driving vehicles
Apple to allow third-party app stores in Brazil to settle iOS case with regulator

Others Also Read