Nvidia CEO Says U.S. Will Take Years to Achieve Chip Independence

(Bloomberg) — Nvidia Corp. CEO Jensen Huang, who runs the semiconductor industry’s most valuable company, said the U.S. is as much as 20 years away from breaking its dependence on overseas chipmaking.

Huang, speaking at the New York Times’s DealBook conference in New York, explained how his company’s products rely on myriad components that come from different parts of the world — not just Taiwan, where the most important elements are manufactured.