Nvidia CEO Jensen Huang is in Washington D.C., and shall be assembly with President Donald Trump Friday afternoon, CNBC has confirmed.
The primary matter Huang and Trump are anticipated to debate is U.S. synthetic intelligence coverage, in line with folks acquainted with the matter who requested to not be named as a result of they weren’t approved to talk publicly on the plans. China’s DeepSeek is more likely to be a part of the dialogue, however the assembly is seen as a manner for each leaders to get to know each other, the sources stated.
High know-how CEOs have embraced Trump in latest months to a level not seen in his first administration. However that is the primary assembly between Huang and Trump for the reason that president began his second time period final week.
Many different business leaders have been at Trump’s inauguration. They included Amazon founder Jeff Bezos, Google CEO Sundar Pichai, Apple CEO Tim Prepare dinner, Meta CEO Mark Zuckerberg and OpenAI CEO Sam Altman. In addition they donated to the occasion both individually or via their firm.
In the meantime, Tesla and SpaceX CEO Elon Musk has emerged as certainly one of Trump’s high advisers, after closely financing his marketing campaign. Musk is implementing coverage for the Trump administration via his oversight of an out of doors advisory council, the Division of Authorities Effectivity (DOGE).
On Inauguration Day, Huang visited Nvidia places of work in China.
Trump and Huang have so much to debate as Nvidia, now the third most-valuable U.S. firm, faces a number of regulatory challenges associated to worldwide demand for its AI chips. Essentially the most highly effective Nvidia AI chips have export restrictions stopping them from going to international locations like China and Russia — and quickly a bunch of different international locations.
CNBC has confirmed U.S. chip restrictions on China are presently being evaluated by the White Home.
The 2 will even possible focus on the so-called diffusion rule that was introduced by the Biden administration in its ultimate days.
The principles severely restrict chips gross sales abroad and prompted a pointy response from each Nvidia and Superior Micro Gadgets. They’re anticipated go into impact this yr, however Trump has the ability to reverse them.
Huang and Trump are additionally anticipated to debate investments in U.S. chip manufacturing, the sources stated, because the Commerce Division seems to revamp the earlier administration’s CHIPS Act that sponsored firms like Intel and Taiwan Semiconductor Manufacturing Firm to construct new chip foundries on U.S. soil. Most of Nvidia’s chips are fabricated on the most superior factories in Taiwan, that are operated by TSMC.
