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chip industry faces upheaval as us bans exports and tariffs escalate

Huawei launched its Ascend 920 AI chip, offering a domestic alternative to Nvidia's banned H20 chip, as the US imposes steep tariffs on Chinese goods, reaching up to 245%. TSMC is ramping up production for Nvidia and AMD in Arizona, while Micron secures certification for HBM3E supply, reshaping the competitive landscape.

Nvidia to invest 500 billion dollars in US AI infrastructure by 2029

Nvidia plans to invest up to $500 billion in US AI infrastructure by 2029, partnering with TSMC, Foxconn, and Wistron. This initiative includes the production of Blackwell AI chips in Arizona and supercomputer manufacturing in Texas, aiming to bolster domestic manufacturing and address supply chain vulnerabilities. CEO Jensen Huang highlights that this move will meet rising AI demand and create hundreds of thousands of jobs, reflecting a significant shift in the tech landscape.
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