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NVIDIA and partners boost AI chip production capacity up to 3x by 2028 to meet soaring demand.

Market News
21 Oct 2026
GlobeNewsWire
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Bullish
NVIDIA and partners boost AI chip production capacity up to 3x by 2028 to meet soaring demand.

NVIDIA announced plans with key supply chain partners to significantly expand manufacturing capacity for AI infrastructure components, including substrates, advanced packaging, testing, and optical engines. This expansion involves a 2.5x increase in substrate capacity, a 300% rise in advanced packaging by 2028, and a 15x boost in optical engine production by mid-2027. The move aims to address extraordinary demand and strengthen supply chain resilience globally, with new facilities and upgrades planned in Japan, South Korea, Taiwan, the U.S., and Singapore. This capacity buildout supports NVIDIA's leadership in AI and accelerated computing, preparing for the next wave of industrial AI applications.

NVIDIA's stock on Pluang trades at USD 219.91 as of Oct 21, 2026 17:31 WIB, showing a moderate 1.59% gain for the day. This price sits closer to its 52-week high of USD 239.27 than its low of USD 165.17, reflecting sustained investor interest amid the company's aggressive capacity expansion in AI infrastructure. The market cap of $5.23 trillion underscores NVIDIA's significant presence in the technology sector, with a strong 71% buy order activity on Pluang supporting the positive sentiment.

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