Current Affairs - Business - Discussion
Discussion Forum : Business - Latest Current Affairs (Q.No. 27)
27.
Which company announced a $500 billion investment to establish AI chip manufacturing in the United States?
Answer: Option
Explanation:
Nvidia has unveiled a historic $500 billion investment plan to set up AI chip manufacturing within the United States, marking a significant shift in the company's strategy. Traditionally dependent on Asian manufacturing, especially in Taiwan, this move signals Nvidia's commitment to boosting domestic tech production and supporting AI infrastructure. The investment is backed by the Trump administration and aims to make the U.S. a global leader in AI technology while reducing reliance on foreign supply chains. This is also a step toward creating large-scale employment and reinforcing the national tech industry.
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