Nvidia joins made-in-America party, hopes to flog $500B in homegrown AI supers by 2029 Nvidia wants to build and sell up to half a trillion US dollars of American-made AI supercomputer equipment over the next four years, with the help of Taiwan Semiconductor Manufacturing Co, aka TSMC, and its partners. The pledge means Nvidia will begin production of its latest generation of Blackwell accelerators and systems …
Nvidia & co have promised this already years ago, and it never materialized. By 2029 Trump will be gone either way. So, this is merely virtue signaling.
But even if Nvidia would actually live up to its promises, they'd be barely any jobs created (like in the hundreds at best) through this, and all Nvidia would use the new factories for would be to maximize and swallow all the profits.
And don't even get me started about how in the next few years even the remaining of the AI bubble will have burst, and those $1 trillion of accelerators will be worth $100 million, at best.
no he'll still be here. he was cheated out of his second term which he won, and is currently serving his third term, so 2029 will be in the middle of his fourth term which he'll definitely win. likely die in office from natural causes choking on a big mac and no one had arms long enough to do the heimlich on him.
Yep, I'm sure we all remember Trump in his first term crowing about the $10 billion Foxconn plant in Wisconsin that was supposed to employ over 10K people. It broke ground and then never materialized, IIRC it ended up some sort of service center with a few hundred employees. Apple talked about their $500 billion investment early in Trump's current term to much crowing by the red hat wearing morons, but in 2021 (i.e. right after Biden took office) they talked about a $430 billion investment. And early in Trump's first term they talked about a $350 billion investment. Apple issues press releases every four years about stuff they were always planning on doing regardless of administration, allowing their normal investment cycles to be used for political grandstanding if the politicians want because they know that helps them to be in good with whoever is in power.
Now theoretically if Trump had some sort of actual manufacturing/tariff strategy behind his dementia addled tweet of the minute, something that had been clearly communicated during and after his campaign and carefully put into action via congress passing laws once he took office so they couldn't be changed at a whim and might be expected to survive to future presidents then companies like Apple might be forced to plan and execute substantial changes in their strategy, instead of restating existing plans in a neatly packaged press release Trump can claim as "a win" while staying the course and waiting out the mad king. As it is not only can Trump change his mind about anything, but the "emergency powers" he is claiming to make all these tariff changes are under litigation and he may have that power taken away from him by the courts. It is (or one would hope should be) impossible to declare to "emergency" that necessitates worldwide tariffs. Putting tariffs on islands only occupied by penguins kind of mutes the "national security" argument and exposes it as the clown show it really is. Plus if things get worse, under the law he's using it only takes a majority vote in congress to undo his tariffs and he can't veto that.
the Trump regime planned to pause controls that prevented the export of Nv's H20 GPUs to China, following an appearance by Huang at a $1-million-a-head dinner at the US President's Mar-a-Lago resort home.
I don't know why he just doesn't have them bring him briefcases full of cash if the bribery is going to be so blatant.
The Register 
Biting the hand that feeds IT
Copyright. All rights reserved © 1998–2025
