Jensen: 'We've Done Our Country a Great Disservice' by Offshoring (www.barchart.com)

Nvidia CEO Jensen Huang recently announced his vision for revitalizing American manufacturing by building AI infrastructure domestically. Speaking at a Center for Strategic and International Studies event, Huang emphasized the importance of integrating energy production with manufacturing capabilities to ensure that prosperity from AI reaches beyond highly educated individuals to all segments of the economy. He criticized the historical offshoring of manufacturing jobs, asserting that a strong focus on energy and structural policy is crucial for creating accessible job opportunities in the face of technological advancement. Huang's plan includes leveraging Nvidia's influence to facilitate over $500 billion in AI infrastructure investments in the U.S. during Trump’s 2024 term, positioning the country as a global hub for AI manufacturing. He highlighted the interdependence of energy supply and industrial growth, arguing that simply prioritizing energy efficiency is insufficient without a corresponding boost in production capacity. By framing AI as an industrial revolution rather than merely a software evolution, Huang stresses that ensuring domestic manufacturing is key to fostering social prosperity and addressing foundational economic challenges.