Nvidia will manufacture up to $500 billion of artificial intelligence (AI) chips and supercomputers entirely in the U.S. over the next four years, the company announced Monday. The move comes amid

Nvidia's announcement was praised by the White House amid its broader artificial intelligence infrastructure push.

“The engines of the world’s AI infrastructure are being built in the United States for the first time,” Nvidia founder Jensen Huang said in a statement. “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.”