Nvidia is planning to spend hundreds of billions of dollars on strengthening its supply chain in the United States, according to the company’s CEO. The move comes as the US semiconductor industry faces increasing pressure from global competitors and rising demands for more complex chips. The investment will focus on improving manufacturing efficiency, expanding production capacity, and creating new jobs. Nvidia aims to make America a leader in chip production, reducing its reliance on foreign suppliers and enhancing national security.
Source: https://www.ft.com/content/3fd3a717-2fbf-42ef-bb08-5baecdeb1985