Nvidia CEO Huang to meet Trump at White House on Friday

By Jerry  Published On February 1, 2025

President Donald Trump will meet with Nvidia Corp. chief executive Jensen Huang at the White House on Friday, according to people familiar, days after a new Chinese AI model from DeepSeek sparked concern among technology industry leaders and tanked the US stock market.

The meeting is the latest sign of Trump’s growing commitment to the rapidly evolving sphere of AI technology and comes at the end of a rocky week for the world’s leading chipmaker. Plans for the meeting were shared by people familiar on condition of anonymity.

The recent debut of a powerful AI model from Chinese startup DeepSeek sent Nvidia and other tech stocks into a tailspin Monday and triggered a debate in Washington about how strictly the US should control Nvidia processors that have become points of geopolitical leverage.

Trump and his allies quickly sought to tamp down worries over the new and more efficient Chinese AI model despite it signaling that the Chinese may have caught up with US technological capacity on artificial intelligence. He has described it as a “wake-up call” and a “positive development.”

Source: FORTUNE


Leave A Reply

Your email address will not be published. Required fields are marked *

*