Nvidia Corp aims to spend several hundred billion dollars to procure US-made chips and electronics over the next four years, the Financial Times reported.
Nvidia chief executive officer Jensen Huang (黃仁勳) told the Financial Times that the latest chips designed by his company, and Nvidia-powered servers for data centers, can now be produced at US-based factories operated by Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and Foxconn Technology Group (富士康科技集團), known in Taiwan as Hon Hai Precision Industry Co (鴻海精密).
It marked a major step forward in supply chain resilience for the US chipmaker, Huang said.
Photo: Bloomberg
Nvidia this week hosted its GTC developer conference, where Huang, 62, said his company ultimately plans to shift manufacturing onshore. It is already using TSMC’s Arizona factory to help produce some of its highly prized graphics processing units, which have become the most essential component for the current wave of artificial intelligence (AI) investment.
In its annual report last year, Nvidia said that it had US$20 billion in total purchase commitments as of Jan. 28 last year.
US President Donald Trump’s proposed tariffs on imports would have a small impact in the short term, Huang said.
They will not take a major toll on Nvidia because it would continue to shift manufacturing for the most important parts of its product line onshore. The company is already using TSMC’s facility in Arizona and is to increase that as its supplier builds more capacity, he said.
TSMC chief executive officer C.C. Wei (魏哲家) on March 3 announced an additional US$100 billion in investment in the US, alongside Trump in the White House, and Foxconn is working with Apple Inc to add an AI server assembly site in Texas.
Separately, Huang on Wednesday said that his company has not been approached about purchasing a stake in Intel Corp.
At a news conference at the developer conference in San Jose, California, Huang was asked whether Nvidia was part of a consortium to buy Intel.
“Nobody’s invited us to a consortium,” Huang said. “Nobody invited me. Maybe other people are involved, but I don’t know. There might be a party. I wasn’t invited.”
Huang at a meeting with analysts and investors on Wednesday said new types of AI models that produce more complex answers would only increase the need for computing infrastructure, adding that concerns caused by Chinese start-up DeepSeek’s (深度求索) R1 AI model — that fewer chips and powerful servers would be needed for such software — were misplaced.
“The understanding of R1 was completely wrong,” Huang said. “Computation demand is much higher.”
Huang was also asked about the efforts of customers to develop their own components — chips that might replace Nvidia’s AI accelerators in data centers. Google has been working with Broadcom Inc to develop their own application specific integrated circuits (ASICs) for this area, but Huang countered that many ASICs are designed, but not always actually put into data centers.
Those customers need better chips to generate more revenue from their infrastructure, not cheaper ones to save costs, he said.
Additional reporting by Reuters
Real estate agent and property developer JSL Construction & Development Co (愛山林) led the average compensation rankings among companies listed on the Taiwan Stock Exchange (TWSE) last year, while contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) finished 14th. JSL Construction paid its employees total average compensation of NT$4.78 million (US$159,701), down 13.5 percent from a year earlier, but still ahead of the most profitable listed tech giants, including TSMC, TWSE data showed. Last year, the average compensation (which includes salary, overtime, bonuses and allowances) paid by TSMC rose 21.6 percent to reach about NT$3.33 million, lifting its ranking by 10 notches
Popular vape brands such as Geek Bar might get more expensive in the US — if you can find them at all. Shipments of vapes from China to the US ground to a near halt last month from a year ago, official data showed, hit by US President Donald Trump’s tariffs and a crackdown on unauthorized e-cigarettes in the world’s biggest market for smoking alternatives. That includes Geek Bar, a brand of flavored vapes that is not authorized to sell in the US, but which had been widely available due to porous import controls. One retailer, who asked not to be named, because
SEASONAL WEAKNESS: The combined revenue of the top 10 foundries fell 5.4%, but rush orders and China’s subsidies partially offset slowing demand Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) further solidified its dominance in the global wafer foundry business in the first quarter of this year, remaining far ahead of its closest rival, Samsung Electronics Co, TrendForce Corp (集邦科技) said yesterday. TSMC posted US$25.52 billion in sales in the January-to-March period, down 5 percent from the previous quarter, but its market share rose from 67.1 percent the previous quarter to 67.6 percent, TrendForce said in a report. While smartphone-related wafer shipments declined in the first quarter due to seasonal factors, solid demand for artificial intelligence (AI) and high-performance computing (HPC) devices and urgent TV-related orders
MINERAL DIPLOMACY: The Chinese commerce ministry said it approved applications for the export of rare earths in a move that could help ease US-China trade tensions Chinese Vice Premier He Lifeng (何立峰) is today to meet a US delegation for talks in the UK, Beijing announced on Saturday amid a fragile truce in the trade dispute between the two powers. He is to visit the UK from yesterday to Friday at the invitation of the British government, the Chinese Ministry of Foreign Affairs said in a statement. He and US representatives are to cochair the first meeting of the US-China economic and trade consultation mechanism, it said. US President Donald Trump on Friday announced that a new round of trade talks with China would start in London beginning today,
RSS