I/O Fund lead tech analyst Beth Kindig analyzes Nvidia after CEO Jensen Huang made some dramatic claims about the future of AI on ‘Making Money.’
Nvidia CEO Jensen Huang said Wednesday that the leading artificial intelligence chipmaker will invest hundreds of billions of dollars in the U.S. supply chain over the next four years.
Huang made the announcement in an interview with the Financial Times. It follows moves by other technology companies, including Apple, which are unveiling multibillion-dollar investments in onshoring plans, as President Donald Trump’s administration implements its “America First” policies, and following the Republican’s Made in America campaign promise.
“Overall, we will procure, over the course of the next four years, probably half a trillion dollars worth of electronics in total,” Huang reportedly told the FT. “And I think we can easily see ourselves…
