NVIDIA CEO Jensen Huang speaks with President Trump on speakerphone at All-In Summit to discuss AI impact

Summary

During the All-In Summit on September 14, 2026, NVIDIA CEO Jensen Huang took a live call from President Trump . Trump dismissed AI doomsday fears as a ‘hoax’ and compared data centers to the ‘oil of the next 20-25 years,’ urging rapid development to outpace China The Verge. Huang echoed these sentiments, rejecting ‘unscientific’ extinction risks and opposing new AI safety laws, arguing instead for market-driven innovation and engineering-based safety The Verge.

Impact Analysis

So, Jensen just signaled that the ‘AI doomsday’ narrative is officially a dead end for policy. That live call with Trump wasn’t just a PR stunt; it was a strategic alignment that frames AI development as a national security imperative The Verge. By calling data centers the ‘new oil,’ Trump is signaling a massive deregulation wave for power and infrastructure—exactly what NVIDIA needs to sustain its growth trajectory .

We’re seeing a clear split in the industry: the ‘Accelerationists’ (NVIDIA, Meta) are winning the narrative over the ‘Safety-First’ camp (Anthropic, OpenAI) The Verge. This effectively removes the regulatory overhang of a mandated development slowdown. Bottom line: NVIDIA is now positioned as the indispensable backbone of US competitiveness, making it nearly ‘too strategic to regulate.’ I’d stay long NVDA as political risk premiums fade. Also, look at power-grid and utility plays; if data centers are the new oil, the permitting hurdles for energy are about to vanish.