Nvidia CEO Praises Trump at AI Summit

During an artificial intelligence summit on Tuesday in Washington, D.C., the CEO of Nvidia, Jensen Huang, expressed his admiration for President Donald Trump. Huang highlighted Trump’s efforts in persuading tech companies to invest in the U.S. and repatriate production. He remarked that Trump “deserves enormous credit” for mobilizing the tech sector in the competitive landscape of AI, particularly against foreign players like China. Recently, Nvidia achieved a notable milestone, becoming the first company to reach a $5 trillion market value.

“If this didn’t happen, we could have been in a bad situation, and I want to thank President Trump,” Huang stated, emphasizing the significance of the current tech landscape.

In a nod to Trump, Huang concluded his speech by echoing the president’s well-known phrase, thanking participants for their “service in making America great again.”

In July, the Trump administration initiated an AI program that aims to accelerate the development of data centers, aiming to outpace China in the AI sector. They plan to collaborate with private firms to reduce “onerous Federal regulations that hinder AI development and deployment.” David Sacks, the administration’s AI and crypto czar, emphasized the need for the U.S. to lead in innovation and infrastructure to remain a dominant global force.

“Artificial intelligence is a revolutionary technology with the potential to transform the global economy and alter the balance of power in the world,” Sacks stated. He further noted that the U.S. must remain at the forefront of the AI race while ensuring American workers are prioritized and avoiding misuse of AI technologies.

Since Trump took office, several major tech companies have committed to increased investments in the U.S. For instance, Trump revealed in August that Apple would inject an additional $100 billion into American manufacturing, on top of a prior $500 billion commitment. Just a few weeks ago, Nvidia announced a $500 billion investment to develop AI supercomputers in the U.S.

Nvidia was among numerous companies, including Alphabet, Amazon, Meta, Apple, and Microsoft, that contributed to the funding of Trump’s White House ballroom project.