Nvidia Says It Started Making Chips for AI in the US

Nvidia said Monday it had started producing chips at factories in Arizona and would build supercomputers in Texas, bringing the manufacturing of the key technology behind generative AI to the US. The news comes as tariffs announced by President Trump have spurred anxiety about the cost of importing technology and products historically manufactured overseas. Most of the tariffs announced this month have been put on hold after a major stock market decline, and the Trump administration exempted some electronics, including phones and computers, from certain tariffs over the weekend. Read more: Buy or Wait Guide: How Tariffs Will Change Tech Prices and What to Do Now Trump, posting on his own social media site Truth Social on Sunday, said his administration would "taking a look at" semiconductors and the electronics supply chain, suggesting more tariff changes ahead. While most consumers aren't buying chips to train and run their own gen AI models, the prices of hardware will affect the ... Read full article.