The CEO of Nvidia, Jensen Huang, has announced that the company will invest "several hundred billion" dollars in US manufacturing of semiconductors and other electronics over the next four years.
The move is part of Nvidia's strategy to shift its supply chain away from Asia due to unpredictability regarding tariff threats.
Nvidia, one of the world's most valuable companies, acknowledges the impact of the "America First" policy on global business investment.
The recent $100 billion investment by Taiwanese semiconductor firm TSMC in the US has helped Nvidia in its efforts to onshore manufacturing.