Nvidia (NASDAQ:NVDA) and Taiwan Semiconductor Company (NYSE:TSM) have completed their first made-in-the-USA wafer, which will be used for the eventual production of Blackwell chips, according to Axios.
Nvidia CEO Jensen Huang is expected to make the announcement from TSMC’s manufacturing facility in Phoenix, Ariz., sometime today, the report said.
“Nvidia and TSMC are working together to build the infrastructure that powers the world’s AI factories, right here in America,” Nvidia said, according to the report.
It appears the efforts of U.S. President Donald Trump to manufacture more high tech domestically, as well as the CHIPS and Science Act, which was signed into law by former U.S. President Joe Biden in 2022, are starting to produce results.
“TSMC Arizona is expected to create thousands of high-tech jobs and attract a broad ecosystem of suppliers,” both companies said in a joint statement.