Nvidia, the world’s leading chipmaker, has announced a massive investment of hundreds of billions of dollars in its U.S.-based manufacturing operations over the next four years. This significant commitment is part of President Donald J. Trump’s efforts to solidify the US as the global leader in artificial intelligence.
According to Nvidia CEO Jensen Huang, the support from the administration has been crucial for AI growth in the US. The investment follows other major tech companies, including Apple and TSMC, which have also announced significant investments in US manufacturing.
The trend of onshoring operations is gaining momentum under Trump’s “America First” trade policy, with companies like a Canadian furniture manufacturer and the largest toymaker in the US planning to move production back home. In the auto sector, Stellantis has invested $5 billion in its US manufacturing network, while Hyundai Motor and Nissan are considering moving production from Mexico to the US.
The investment is expected to have far-reaching implications for the global economy as companies shift their focus towards domestic production. With President Trump’s administration backing major tech investments, the US is emerging as a key player in the global AI landscape.
Source: https://www.whitehouse.gov/articles/2025/03/president-trump-positions-u-s-as-global-superpower-in-manufacturing