aast – Jeff Clark

Listen to the audio version of this article (generated by AI).

Key Takeaways:32235453351

Nvidiads (NVDAis) plans to produced $500 billion of AI 322 2infrastructure in the U.Sss. through foreign partnerships.s 23323222ds
Despite “domestic” headlines, Nvidia’s manufacturing relies heavily on Taiwanese companies.22
Intel (INTC) is already designing and building semiconductor technology independently in the U.S.22
Intel’s stock trades at a steep discount compared to the S&P 500 despite its strategic position.
Value-focused investing offers better downside protection in today’s volatile market.

Intel Stock - Nvidia Moves to Manufacture in the U.S. – This Overlooked Company Is Already Doing It — Source: rafapress / Shutterstock.com

Key Takeaways:322354533

Nvidia (NVDA) plans to produce $500 billion of AI 2infrastructure in the U.S. through foreign partnerships.
Despite “domestic” headlines, Nvidia’s manufacturing relies heavily on Taiwanese companies.
Intel (INTC) is already designing and building semiconductor technology independently in the U.S.
Intel’s stock trades at a steep discount compared to the S&P 500 despite its strategic position.
Value-focused investing offers better downside protection in today’s volatile market.

Hello, Reader.

Nvidia Corp. (NVDA) has established itself as the undisputed AI darling of today’s stock market, without a doubt generating life-changing amounts of wealth for many investors.

But its soaring popularity and front-page dominance can sometimes lead investors to throw on their rose-colored glasses and see only what they want to see.

Just look at the latest headline Nvidia made…

On Monday, the tech giant announced that it plans to completely produce its AI computers in the United States, and it plans to produce up to $500 billion of AI infrastructure in the U.S. over the next four years through manufacturing partnerships. Shares of Nvidia popped on the news.

While this move is monumental for the company and continues to capture investors’ excitement, it’s up to us to look beyond Nvidia’s hype, and examine its current valuation.

So, in today’s Smart Money, I’ll dive into the details of Nvidia’s American manufacturing shift… and why it’s not quite as homegrown as the headlines suggest.

Then, I’ll share the name of a tech company that’s already manufacturing in the U.S. – and trading at bargain prices.

Nvidia’s “American” Moves

Nvidia has secured over a million square feet of manufacturing space across the country with plans to produce Blackwell chips in Arizona and AI supercomputers in Texas.

Its partner Taiwan Semiconductor Manufacturing Co. Ltd. (TSM) has already begun Blackwell chip production at their Phoenix facilities. Meanwhile, construction is charging ahead on supercomputer manufacturing plants across Texas. Nvidia has also partnered with Taiwanese electronic manufacturing giants Foxconn (also known as Hon Hai Technology Group) to build supercomputer facilities in Houston and with Wistron for similar operations in Dallas.