Trump Praises Nvidia CEO Jensen Huang

Summary

Trump praised Nvidia CEO Jensen Huang during a live call at the All-In Summit on Sept. 14, dismissing AI fear as a scam, calling data centers the future oil, and saying he fully supports the industry; Huang said the U.S. will win the AI race and benefit everyone.Zhitong

Impact Analysis

So this is less a product event and more a political/regulatory endorsement. On Sept 14, Trump called Huang at the All-In Summit, dismissed AI-fear talk as a “scam,” said data centers are “the oil for the next 20 to 25 years,” and explicitly backed the industry rather than slowing it . Huang echoed that the U.S. will win the AI race while benefiting everyone . For Nvidia, the near-term P&L impact is indirect, but the signal matters: Washington is aligning with compute/data-center expansion, not punitive restraint. That supports sentiment around AI infrastructure demand and Nvidia’s strategic position, especially given its scale and market value in the provided financial data ST/US/NVDA. The trade angle is to fade regulatory-panic narratives and stay long the AI-infrastructure complex, while watching whether this becomes policy action or just theater.