Nvidia Aims to Produce AI Tools Worth up to $500 Billion in US over Four Years

Reuters
14 Apr

Nvidia said it plans to build an AI infrastructure worth as much as $500 billion in the U.S. over the next four years through tie-ups with companies, including Taiwan's TSMC.

The announcement on Monday comes amid a growing push to bring manufacturing and the technology supply chain within the borders of the U.S. as Washington imposes steep tariffs on imports.

The AI chip giant said Taiwan Semiconductor Manufacturing has started production of its latest generation of chips at its factory in Phoenix, Arizona.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10