Trump tariffs are a job creator

 Trending Politics:

The Trump tariffs have led to another economic victory, with chipmaking giant Nvidia announcing its intention to add hundreds of thousands of manufacturing jobs across the U.S. over the next four years.

On Monday, the company unveiled plans to invest upward of $500 billion in U.S. production as it prepares to manufacture artificial intelligence supercomputer components domestically for the first time. Construction will take place in Arizona and Texas, where Nvidia and its partners have commissioned more than a million square feet of manufacturing space.

The facilities, set for completion by 2029, will focus on churning out the first iterations of the company’s Blackwell architecture, an AI supercomputer chip packed with over 200 billion transistors and designed for accelerated computing. High-level AI inferencing will be a cornerstone of its use, the company states in a release.

Despite being throttled by one of the most complex supply chains in the world, Nvidia claims that it will begin ramping up production of its latest AI technology in the next 12-15 months.

“Manufacturing NVIDIA AI chips and supercomputers for American AI factories is expected to create hundreds of thousands of jobs and drive trillions of dollars in economic security over the coming decades,” an Nvidia press release states.

“The engines of the world’s AI infrastructure are being built in the United States for the first time,” said Jensen Huang, company founder and CEO. “Adding American manufacturing helps us better meet the incredible and growing demand for AI chips and supercomputers, strengthens our supply chain and boosts our resiliency.”
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 News of more domestic manufacturing under President Trump builds on announcements by Apple, Softbank, OpenAI, Volvo, and Honda to either return or reinvest in bringing manufacturing jobs statewide. A tariff stalemate with China has also made other nations like Vietnam more appealing settings for companies not able to return all jobs to the U.S., a reality acknowledged by Chinese President Xi Jinping this week as he travels to meet with other Asian heads of state and shore up support amid the tariff war.

It is looking like the free trade era is paused as the return of tariffs in the US begins. The main benefit to the US of the tariffs is the support for American manufacturing and jobs.  Artificial intelligence appears to be a growth industry.

See also:

Trump Has Xi and China Over a Tariff Cliff—Right Where He Wants Them

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