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Nvidia CEO says US needs 10 to 20 years to reach chip supply chain independence
- Jensen Huang says products from his company, the world’s most valuable chip firm, rely on components from across the globe, not just Taiwan
- He also reaffirms Nvidia’s commitment to China, saying that the company is working on products for the country that will not trigger US restrictions
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Nvidia chief executive officer Jensen Huang, who runs the semiconductor industry’s most valuable company, said the US is as much as 20 years away from breaking its dependence on overseas chip-making.
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Huang, speaking at The New York Times’ DealBook conference in New York, explained how his company’s products rely on myriad components that come from different parts of the world – not just Taiwan, where the most important elements are manufactured.
“We are somewhere between a decade and two decades away from supply chain independence,” he said. “It’s not a really practical thing for a decade or two.”
The outlook suggests there is a long road ahead for a key Biden administration objective – bringing more of the chip-making industry to US shores.
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Biden tours new Taiwanese chip-making plant in Arizona, fans US-China semiconductor rivalry
Biden tours new Taiwanese chip-making plant in Arizona, fans US-China semiconductor rivalry
The US president has championed bipartisan legislation to support the building of manufacturing facilities here. And many of the biggest companies are planning to expand their US operations. That includes Taiwan Semiconductor Manufacturing Co, Nvidia’s top manufacturing partner, as well as Samsung Electronics and Intel.
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