Summarize this content to 2000 words in 6 paragraphs in Arabic Unlock the Editor\u2019s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Nvidia will spend hundreds of billions of dollars on chips and other electronics manufactured in the US over the next four years, its chief executive has said, as the company tilts its supply chain back from Asia in the face of Donald Trump\u2019s tariff threats.The huge spending projection from the world\u2019s most valuable semiconductor group follows multibillion-dollar US investment plans announced by other technology companies including Apple, as the impact of Trump\u2019s \u201cAmerica First\u201d trade policies ripples through the global economy.\u201cOverall, we will procure, over the course of the next four years, probably half a trillion dollars worth of electronics in total,\u201d Jensen Huang, Nvidia\u2019s chief executive and co-founder, told the Financial Times. \u201cAnd I think we can easily see ourselves manufacturing several hundred billion of it here in the US.\u201dIn a wide-ranging interview, Huang said the leading artificial intelligence chipmaker was now able to manufacture its latest systems in the US through suppliers such as Taiwan Semiconductor Manufacturing Company and Foxconn, and that he saw a growing competitive threat from Huawei in China.This week, at Nvidia\u2019s annual developers\u2019 conference, Huang unveiled the next generation of its AI chip, Vera Rubin, outlining his plan to build clusters of millions of interconnected chips in giant data centres that will require a vast power supply.Huang said he believed the Trump administration could accelerate the development of America\u2019s AI industry. \u201cHaving the support of an administration who cares about the success of this industry and not allowing energy to be an obstacle is a phenomenal result for AI in the US,\u201d he said.This month, TSMC announced a $100bn investment in chip manufacturing facilities in Arizona, which came in addition to a $65bn investment agreed under the Biden administration.Nvidia\u2019s latest Blackwell systems are now being produced in the US, said Huang. \u201cTSMC investing in the US provides for a substantial step up in our supply chain resilience.\u201dIn recent years, America\u2019s biggest technology companies, including Nvidia and Apple, have become overwhelmingly reliant on TSMC\u2019s cutting-edge chipmaking facilities in Taiwan.That dependency has been clouded by the growing threat of aggression by China \u2014 which claims Taiwan as part of its territory \u2014 as well as the Trump administration\u2019s threats of tariffs on Taiwanese semiconductors. Taiwan also faces an ever-present risk of earthquakes.\u201cThe most important thing is to be prepared,\u201d said Huang. \u201cAt this point, we know that we can manufacture in the US, we have a sufficiently diversified supply chain.\u201d If any disaster were to threaten production in Taiwan, he said, \u201cit will be uncomfortable but it should be OK\u201d.The US has clamped down on exports of Nvidia\u2019s market-leading chips that are used to train and run the most advanced AI models, with the industry decrying a Biden-era set of more expansive export controls scheduled to come into force in May.At the same time, Chinese chipmakers have been prevented from buying advanced chipmaking equipment such as ASML\u2019s lithography machines.\u00a0But while Nvidia still makes billions of dollars in revenue from China, it has faced resurgent competition from Huawei, whose Ascend AI chips have made advances recently.\u201cHuawei is the single most formidable technology company in China,\u201d said Huang. \u201cThey have conquered every market they\u2019ve engaged.\u201d US-led efforts to constrain the Chinese tech conglomerate have been \u201cdone poorly\u201d given Huawei\u2019s continued success.\u201cI think that their presence in AI is growing every single year,\u201d he said. \u201cWe can\u2019t assume that they are not going to be a factor.\u201dIntel, the only US company that can in theory manufacture leading-edge chips similar to Nvidia\u2019s, has faced serious challenges with its foundry business. A leadership vacuum at Intel was resolved last week when Lip-Bu Tan was named as chief executive.\u00a0Huang denied reports that Nvidia was involved in discussions to form a consortium with the likes of TSMC to invest in Intel and stopped short of committing to using its US chipmaking services as part of that onshoring.\u201cWe evaluate their foundry technology on a regular basis, and we are ongoing in doing that,\u201d he said, adding that Nvidia was also looking at Intel\u2019s chip packaging services. \u201cWe look for opportunities to be a customer of theirs.\u201d\u201cI have every confidence that Intel has the ability to do it,\u201d said Huang, referring to Intel\u2019s ability to be competitive in advanced chip technologies.He added that the \u201csuccess and welfare of Intel\u201d was important. \u201cBut it takes a while to convince yourself and each other that a new supply chain ought to get built up.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Summarize this content to 2000 words in 6 paragraphs in Arabic Unlock the Editor\u2019s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Nvidia will spend hundreds of billions of dollars on chips and other electronics manufactured in the US over the next four years, its chief executive has<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[],"class_list":{"0":"post-247253","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-tech"},"_links":{"self":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/247253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/comments?post=247253"}],"version-history":[{"count":0,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/247253\/revisions"}],"wp:attachment":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/media?parent=247253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/categories?post=247253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/tags?post=247253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}