The chipmaker’s move is the latest by tech firms to bring jobs to the United States.
Nvidia plans to invest up to $500 billion in building AI servers in the U.S. over the next four years, collaborating with partners like TSMC and Foxconn. This initiative, supported by the Trump administration, aims to enhance local manufacturing and is expected to generate hundreds of thousands of jobs, despite concerns about tariffs potentially impacting employment. Nvidia’s CEO emphasized the importance of U.S. production for meeting rising demand, although stock prices dipped following the announcement.