Nvidia to Spend $500 Billion in the U.S. to Make AI Chips

Nvidia has announced that it will invest a massive $500 billion in the United States to make more AI chips, which are important for powering new technologies like robots, smart machines, and advanced computers. The company said it will build new factories and expand existing ones to make faster and better computer chips. This investment is also expected to create over 50,000 jobs for engineers, factory workers, and researchers. Nvidia’s CEO Jensen Huang said that the future of artificial intelligence should be built in America and this is the company’s big step toward that goal. The U.S. government is happy with this decision and believes it will help reduce the country’s need to buy chips from other countries like Taiwan. The construction is planned to start by the end of 2025 and the chips may be ready by 2027. This move shows Nvidia’s commitment to leading the world in AI and helping the U.S. stay strong in technology development.