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Nvidia to Buy ‘Several Hundred Billion' Dollars' Worth of US-Made Electronics
PYMNTS.com·2025-03-20 15:50

Group 1 - Nvidia plans to procure "several hundred billion" dollars' worth of chips and electronics manufactured in the U.S. over the next four years [1] - The sourcing will be from suppliers like TSMC and Foxconn, which can manufacture Nvidia's latest systems in the U.S. [1] - This strategy aims to avoid tariffs and improve the resiliency of Nvidia's supply chain, reducing dependence on TSMC's facilities in Taiwan [2] Group 2 - Nvidia's CEO highlighted that the current administration's policies will support the company's efforts to build energy-intensive data centers [3] - Other tech companies, such as Apple, are also increasing their investments in the U.S., with Apple planning to invest over $500 billion in the next four years [4] - Apple's investment includes hiring 20,000 workers and opening a manufacturing facility in Houston for AI support [4] Group 3 - TSMC announced plans to expand its investment in advanced semiconductor manufacturing in the U.S. by an additional $100 billion, totaling $165 billion [5] - TSMC's ongoing investment includes $65 billion in its Phoenix operations, with plans for three new fabrication plants and two advanced packaging facilities [6] - The investment is expected to support 40,000 construction jobs and create tens of thousands of tech jobs over the next four years [6]