Nvidia CEO: US chip independence may take 20 years to achieve

Enlarge / Founder and CEO of NVIDIA Jensen Huang speaks during the New York Times annual DealBook summit on November 29, 2023, in New York City. (credit: Michael M. Santiago / Staff | Getty Images North America)

The US could be up to two decades away from maintaining its own domestic chips supply chain, Nvidia Corp.'s CEO, Jensen Huang, told an audience gathered in New York for the New York Times’s DealBook conference.

Nvidia is a giant in the semiconductor industry, and Huang said his company's success depends on "myriad components that come from different parts of the world," Bloomberg reported. "Not just Taiwan," Huang said, where Taiwan Semiconductor Manufacturing company makes the world's most advanced semiconductor technology.

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