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Nvidia plans to invest hundreds of billions of US dollars in US-made chips and electronics over the next four years, the Financial Times reported on Wednesday, quoting chief executive Jensen Huang Jen-hsun.

The artificial intelligence chip giant expects to spend around half-a-trillion US dollars on electronics during the four-year period, according to the report.

"I think we can easily see ourselves manufacturing several hundred billion of it here in the US," Huang told FT, adding that the Trump administration could help accelerate the expansion of the US AI industry.

Huang has been working to allay investor concerns over demand for Nvidia's expensive AI chips, which have made the company one of the world's most valuable, following China's DeepSeek launching a competitive chatbot with allegedly fewer AI chips.

Nvidia declined to comment on the FT report.

Huang said Nvidia can now manufacture its latest systems in the United States through suppliers such as Taiwanese chipmaking giants TSMC and Foxconn, while also noting a growing competitive threat from Chinese telecoms firm Huawei, according to the report.

"TSMC investing in the US provides for a substantial step up in our supply chain resilience," Huang said.

Earlier on Wedn

Nvidia to invest billions in US chip production over four years, FT reports