Nvidia CEO says he is prioritizing meeting the high demand for AI processors in Japan

Nvidia CEO Jensen Huang announced on Monday that the company is committed to meeting the high demand for its artificial intelligence processors in Japan. The country is actively working to revamp its semiconductor capabilities and advance its AI technology. Nvidia’s graphics processing units (GPUs) currently dominate the AI market.

“Demand is very high, but I promised the prime minister we will do our very, very best to prioritise Japan’s requirements for GPUs,” Huang told reporters at Prime Minister Fumio Kishida’s official residence in Tokyo.

The statement followed Japan’s recent allocation of approximately 2 trillion yen ($13.60 billion) in an extra budget for chip investment. Part of these funds is expected to support Taiwanese chipmaker TSMC and chip foundry venture Rapidus, focusing on cutting-edge chip production in Japan’s Hokkaido island.

Huang expressed confidence in Japan’s emerging semiconductor industry’s ability to manufacture GPUs, emphasizing the importance of countries like Japan taking control of their data, establishing AI factories, and developing their own AI intelligence capabilities.