In the face of robust market demand, the Chief Executive Officer of Nvidia (NVDA.O.), Jensen Huang, stated on Monday that his business will do everything possible to sell its artificial intelligence chips to Japan.
The Japanese government is making a hasty effort to revive its once-preeminent semiconductor infrastructure and catch up with the advancement of artificial intelligence technologies. Nvidia, a company based in the United States, manufactures graphics processing units (GPUs), which dominate the artificial intelligence industry.
During an interview with media at the official house of Prime Minister Fumio Kishida in Tokyo, Huang stated, “Demand is very high, but I promised the prime minister that we will do our very, very best to prioritize Japan’s requirements for GPUs.”
It had been less than two weeks since Japan authorized an additional budget, including around 2 trillion yen ($13.60 billion) that was designated for semiconductor investment, when Huang visited.
Some of the money is anticipated to be utilized to assist Taiwanese chipmaker TSMC (2330. TW) and chip foundry venture Rapidus, which intends to build cutting-edge chips on the island of Hokkaido, located in the northern region of Japan.
“The semiconductor industry that Japan is now starting to grow and foster will be able to produce GPUs,” according to Huang.
“Countries like Japan are realizing that you need to own your data, build your own AI factories, and produce your own AI intelligence,” said the economist.