Nvidia CEO Jensen Huang, the AI company's founder, reportedly said that "several hundred billion" dollars will be spent in the next four years on U.S. production.

Semiconductor giant Nvidia (NVDA) has vowed to invest billions of dollars in U.S.-manufactured chips and electronics over the next four years.

(Reuters) -Nvidia plans to invest hundreds of billions of dollars in U.S.-made chips and electronics over the next four years, the Financial Times reported on Wednesday, quoting CEO Jensen Huang. The artificial intelligence chip giant expects to spend around half-a-trillion dollars on electronics during the four-year period,