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President Donald Trump’s administration has escalated the tariff-driven trade war with China and other trading partners, wanting companies to shift manufacturing back to the U.S. In recent months, several chip makers have disclosed plans to expand manufacturing capabilities in the U.S. to offset potential impacts of import tariffs.
Earlier this week, Nvidia (NVDA) announced plans to begin manufacturing artificial intelligence (AI) supercomputers in the United States. This move coincides with the federal government’s investigation into imported semiconductors and chipmaking equipment.