Nvidia Brings AI Chips Home | Weekly Business Briefs w/ Martin Perdomo

right in . Nvidia , the 8i chip giant , is officially bringing some of its manufacturing home . The company announced this week that it will be producing AI chips in the US later this year , collaborating with chip makers like TSMC and Arizona , the Intel's foundries . This move comes as demand for generative AI surges and global supply chains feel pressure .

By making chips stateside , nvidia not only supports US tech infrastructure , but also reduces reliance on overseas production , especially important given rising , rising geopolitical uncertainties . Their first batch of US-produced chips is expected to roll out in Q4 of 2025 . Safe to say , this shift is more than symbolic it's strategic . I think this is

a great move on Nvidia's side , not just because it might be better for them , but this move is better for the American people , more specifically , for the American middle class .

This brings good , paying jobs back to America to support the tech sector and , as we all know , tech is the future , the way of the future , with AI booming and Nvidia being the number one chip maker in the world Coming back to us to provide the middle middle America with good , paying jobs is a good thing .

Next up , the US-China trade conflict has accelerated dramatically , extending far beyond tariffs and now impacting major sectors including semiconductors , pharmaceuticals and aviation . New US export restrictions on AI chips to China have hit tech firms like NVIDIA hard , triggering a $5.5 billion write-down and a 6% stock dip .

The US also launched an investigation into critical mineral imports and signaled potential tariffs on pharmaceuticals and semiconductor components . In response , china , buoyed by stronger-than-expected Q1 GDP GDP , has ramped up retaliatory measures , reportedly halting Boeing aircraft deliveries and suspending sea and air mail services to the US .

Beijing's stance reflects growing economic nationalism and a readiness to escalate . The ripple effects have shaken global markets escalate . The ripple effects have shaken global markets . Gold surged to a record high , above $3,300 per ounce .

That is insane , as investors seek safe havens , while Wall Street futures slid nearly 1% and the dollar weakened against the yen and sterling . These developments mark a new phase in the us china tensions , with mounting consequences for global trade , corporate earnings and investor sentiment .

I have to wait and see where all of this trade situation winds up and hopefully , at the end , everybody around the globe winds up winning and we get an even plain feel and fair practices for all the countries around the world .

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news . In real estate news there's a small sigh of relief for homeowners and buyers alike . Mortgage rates remain under 7% for the 12th straight week . According to Yahoo Finance , a 30-year fixed refinance rate sits at 6.86 , while the 15-year option is around 6.19 .

Not jaw-dropping lows , but definitely trending in the right direction , especially for buyers on the fence or homeowners considering a refi . Applications for refinance and new mortgages are up , suggesting that people are watching the window and some are starting to climb through . My thoughts on this is that I still believe it's market to market dependent .

I suppose the data shows overall , we're seeing mortgage applications start to pick up . However , it is market to market dependent Some in florida and price point dependent . Some areas of florida or florida are doing well , while others are getting destroyed .

Some areas up in up north are doing very well , like still selling properties up north and in within 30 60 days , and uh and down south . You're not depending on the price point , so this is market to market dependent .

However , it is good news for the middle class and the american consumer and american family that rates are coming down and for the american businesses as well . It's good thing that rates are stabilizing and they're below seven . That's it for today's business brief . As always , stay sharp , stay informed to keep your business ahead

of the curve . Thanks for tuning in and we'll see you next week with more insights and updates for the world of finance and economics . Appreciate you , peace out .