Trump to host Nvidia CEO Jensen Huang at White House
Nvidia Jensen Huang CEO is making notes subsequent to US President Donald Trump at an “Funding in America” occasion in Washington, DC, on April 30, 2025.
Lea Milis Reuters
Nafidia President Donald Trump will meet President Donald Trump on the White Home on Thursday, Meghan Casseilla of CNBC stated.
The assembly comes when NVIDIA rose slightly on Thursday, and the primary firm to shut the buying and selling of the market cowl is greater than $ 4 trillion, overcoming apple and Microsoft To the symbolic instructor. Nafidia I touched the brand For a brief interval on Wednesday throughout buying and selling.
Trump praised Nafidia’s shares in a social media publish Thursday morning.
“NVIDIA has elevated by 47 % since Trump’s tariff. The USA of America has taken a whole bunch of billions of {dollars} in definitions,” Trump, Trump Spread on the social truth. “The Nation is” Return “.
The NVIDIA consultant refused to remark, and it was unclear to the assembly, however NVIDIA is scuffling with export controls on synthetic intelligence chips carried out by the Trump administration in April for nationwide safety causes.
At the moment, america authorities instructed NVIDIA that the previously accredited H20 processor-exclusively meant for the Chinese language market-would require an export license. Huang instructed traders that the necessities of NVIDIA gross sales to China successfully with “no grace interval”. Synthetic intelligence chips maker He said It will likely be absent from $ 8 billion within the dashing functions for the corporate’s quarter.
“The China market of $ 50 billion is definitely closed to america business,” Hwang instructed traders in a revenue name in Might.
NVIDIA additionally faces different doable restrictions on the exports of synthetic intelligence chips after the Trump administration canceled a deliberate base by former President Joe Biden referred to as “”The base of the spread of artificial intelligence“The Trump administration promised the most recent easier restrictions later this 12 months that NVIDIA know-how can receive.
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2025-07-10 20:22:00
