Nvidia plans to establish a network of semiconductor plants in Japan through collaboration with local companies, aiming to address the rising demand for graphics chips that power artificial intelligence. CEO Jensen Huang emphasized Japan’s technical expertise and industrial capability to develop AI independently. In a meeting with Japanese Economy Minister Yasutoshi Nishimura, Huang announced Nvidia’s commitment to assisting Japan in nurturing more AI start-ups. The surge in prices for Nvidia’s graphics chips reflects the intense global competition as entities seek to enhance their AI capabilities.

Tokyo is actively seeking investments in the production of advanced semiconductors crucial for future technologies. Prime Minister Fumio Kishida’s administration has extended substantial financial support to Taiwan Semiconductor Manufacturing Co, a leading player in advanced chip production, and to Rapidus, a local startup aspiring to enter the high-end chip manufacturing market.

During a recent meeting with Prime Minister Kishida, Nvidia CEO Jensen Huang conveyed that there is a significant demand for Nvidia GPUs, assuring the Japanese premier that efforts would be made to prioritize Japan, as reported by local news outlets.