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President Donald Trump has credited its pricing policies for driving NVIDIA Corp. ‘S (Nasdaq:Nvda) Massive commitment of $ 500 billion to build artificial intelligence infrastructure in the United States at a White House press conference on Monday.
What happened: “The reason they did is because of the election on November 5 and because of a thing called prices,” said Trump while welcoming the president of El Salvador Nayib Bukele. “I would like to thank Jensen and all the people we are dealing with. They are great people, they are brilliant people without prices, they would not do it. ”
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The flea manufacturer has announced its intention to associate itself with manufacturing giants, in particular Foxconn,, Wistron,, TSMC,, AmkorAnd Relaunch Develop AI-related infrastructure in the United States over the next four years. The production of Blackwell Chips of Nvidia is already underway for the installation of TSMC Phoenix, with assembly operations provided for Texas.
“IA global infrastructure engines are under construction in the United States for the first time,” said NVIDIA CEO Jensen Huang said in the ad. “The addition of American manufacturing helps us to better meet the incredible and growing demand for ia fleas and supervisor.”
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Why it matters: This decision comes when American flea companies received temporary relief last week when Trump paused the prices for 90 days on nations which did not impose commercial reprisals. However, Trump said on Sunday that he would announce new prices for the import rate of semiconductors this week, but with “flexibility with certain companies”.
Nvidia’s initiative coincides with similar movements by competitors. Advanced Micro Devices Inc. (Nasdaq:Dmla) CEO Lisa Su confirmed Tuesday that AMD will manufacture more AI servers in the United States and start the production of fleas at Taiwan Semiconductor Manufacturing Co. (Nyse:TSM) Arizona Facility.
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