Nvidia GTC Keynote ran a little long, but the content is amazing as Nvidia seeks to cement its position as the foundational AI infrastructure company.

Nvidia CEO Jensen Huang offered a quantum-level climb-down on Thursday, after spooking quantum-computing companies earlier this year with his assessment that their efforts wouldn’t be “very useful” for 15 to 30 years.

Nvidia (NASDAQ: NVDA) is one of the biggest names in the artificial intelligence (AI) semiconductor space. It is the dominant player in the market for data center graphics cards, and the good news for prospective investors is the stock has been under pressure in 2025.

Nvidia stock was falling early Friday. A downbeat market mood looked to be outweighing the confidence instilled in its technology by the chip maker’s GTC developers’ conference. Nvidia shares were down 1.

The chipmaker NVIDIA held its annual conference in Silicon Valley this week. Among the major announcements: it chose Boston to be the site of its first-ever research center for quantum computing, opening later this year.

Huang announced at Nvidia's annual software developer conference in San Jose, where Nvidia held a day of events focused on quantum computing.

Nvidia CEO Jensen Huang, the AI company's founder, reportedly said that "several hundred billion" dollars will be spent in the next four years on U.S. production.

Nvidia is set to invest hundreds of billions of dollars in US-based chip and electronics manufacturing over the next four years, reported the Financial Times, citing the company’s CEO Jensen Huang. This shift aims to mitigate risks associated with the US President Donald Trump's tariff threats.

Technology company Nvidia will spend hundreds of billions on manufacturing chips and other electronics in the United States, a move that comes as President Donald Trump hikes tariffs for products made overseas.