Bottom Line Up Front: Nvidia (NVDA) founder and CEO Jensen Huang says he is pushing to reindustrialize the United States, including being one of the first CEOs to back President Donald Trump’s plan to re-shore manufacturing in America. This includes $500 billion in direct investments in the United States, and pushing customers and partners to build in America. The Details: At a recent fireside chat focused on securing U.S. leadership in artificial intelligence, Nvidia founder and CEO Jensen Huang addressed the role of industrial policy in shaping long-term economic and technological outcomes. Specifically, the CEO spoke about his plan to help re-shore American manufacturing, his excitement for the hundreds of billions of dollars being invested into AI manufacturing in America, and Nvidia’s role in the middle of it all.
In that discussion, Huang said, “I was probably the first CEO to jump behind that and take advantage of Nvidia’s capabilities and this flash point of AI industrial revolution to help bring all of that supply chain [to the United States]. I committed to my customers, my partners, that we’re going to build in this administration half a trillion dollars of AI supercomputers.” The statement is both an almost-rare endorsement of the current administration’s reindustrialization policy objective and shows Nvidia’s concrete financial commitment.
