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Nvidia to invest billions in US over four years
Nvidia plans to invest a substantial portion of its US$500 billion electronics budget in the US over the next four years.
CEO Jensen Huang said that a significant share will go toward US-based manufacturing.
Huang indicated that this investment could help drive the growth of the US AI industry.
Nvidia has not yet responded to a request for comment.
Recent Nvidia developments
| Timeline |
|---|
| 20-Mar-2025 🤖 Nvidia, xAI join Microsoft in AI infrastructure partnership Elon Musk’s xAI and Nvidia join AI Infrastructure Partnership to secure $30B funding for advanced AI data centers. |
| 19-Mar-2025 🤖 Nvidia unveils ‘first open foundation model for humanoid robots’ Nvidia unveils GR00T N1, the first open foundation model for humanoid robots, enhancing AI capabilities and manipulation tasks. |
| 19-Mar-2025 💻 Nvidia CEO reveals AI shift in real-world applications Nvidia CEO Jensen Huang highlights the shift to AI deployment, as stock drops 2.5% amid rising computational demands. |
| 11-Mar-2025 💰 Nvidia-backed AI firm signs $12b AI cloud deal with OpenAI CoreWeave signs a $11.9B deal with OpenAI for cloud services ahead of its IPO, despite a significant net loss. |
| 06-Mar-2025 📉 Nvidia stock drops on Nasdaq slump, China risks Nvidia’s stock struggles amid market pressures, with analysts forecasting further declines and concerns over its valuation. |
| 04-Mar-2025 📉 Nvidia loses $265b as Trump confirms new tariffs Nvidia shares drop 9% amid new US tariffs, impacting market value despite strong earnings and AI advancements. |
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