Nvidia CEO tells Fox Business TSMC an ‘incredible partner’ for U.S.

Nvidia (NVDA) is shifting production of its most advanced AI chips to Arizona, marking a major step in reviving U.S. semiconductor manufacturing, with CEO Jensen Huang crediting President Trump’s push for technological independence and rapid action to reduce reliance on China. The project, completed in partnership with TSMC (TSM) and others, positions the U.S. at the forefront of the global AI hardware race, Jensen said on “Sunday Morning Futures” on Fox Business. “With the partnership of TSMC, which is an incredible partner for the United States, Foxconn (HNHPF), Wistron, Amkor (AMKR), and SPIL, we’ve been able to manufacture now the most advanced AI chip in the world completely in the United States and Arizona,” Huang said.