Staff Reporter

Nvidia (NVDA) is set to invest hundreds of billions of dollars in American-made chips and electronics over the next four years, according to a report from the Financial Times.

CEO Jensen Huang shared these plans, indicating that the company anticipates spending around half a trillion dollars during this period.

Huang expressed confidence in the potential for manufacturing “several hundred billion of it here in the U.S.,” adding that support from the Trump administration could play a crucial role in speeding up the growth of the U.S. AI industry.

Jensen Huang has previously predicted that global spending on computing is expected to reach a trillion dollars by the end of the decade, with the majority of that investment concentrated on artificial intelligence.

“Our opportunity, as a percentage of that trillion dollars, is quite substantial,” Huang stated. “We have a lot of infrastructure to build.”