Summary

  • Chip maker Nvidia is building factories in Arizona and Texas, US, to manufacture AI supercomputers, in a boost to America’s economic and tech prowess.
  • Huang added the move to on-shore chip manufacturing was to “better meet the incredible and growing demand for AI chips and supercomputers, strengthens our supply chain and boosts our resiliency”.
  • The company is partnering with Taiwan’s TSMC, which has committed to spending $100bn on US factories in the future as part of a pledge to boost US national security through domestic production of semiconductors.
  • The move follows a US executive order encouraging government procurement of domestically made chips and a national semiconductor strategy that aims to address the chips shortage.

By Dean Takahashi

Original Article