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Nvidia CEO says US needs 10 to 20 years to reach chip supply chain independence

  • Jensen Huang says products from his company, the world’s most valuable chip firm, rely on components from across the globe, not just Taiwan
  • He also reaffirms Nvidia’s commitment to China, saying that the company is working on products for the country that will not trigger US restrictions

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Jensen Huang, founder and CEO of Nvidia, spoke at The New York Times annual DealBook summit on Wednesday in New York. Photo: Getty Images via AFP

Nvidia chief executive officer Jensen Huang, who runs the semiconductor industry’s most valuable company, said the US is as much as 20 years away from breaking its dependence on overseas chip-making.

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Huang, speaking at The New York Times’ DealBook conference in New York, explained how his company’s products rely on myriad components that come from different parts of the world – not just Taiwan, where the most important elements are manufactured.

“We are somewhere between a decade and two decades away from supply chain independence,” he said. “It’s not a really practical thing for a decade or two.”

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The outlook suggests there is a long road ahead for a key Biden administration objective – bringing more of the chip-making industry to US shores.

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