Nvidia CEO Jensen Huang meets with Donald Trump on AI
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Nvidia He confirmed that Executive Director Jenson Huang was met with US President Donald Trump to discuss US technology and AI leadership.
“We appreciated the opportunity to meet President Trump and discuss AI semiconductors and policy. Jenson and the president have discussed the importance of strengthening US technology and AI leadership, “a spokesman for NVIDIA said.
The meeting was held today and it happens by chance a day before Trump promises to impose a bunch of products for products, including semiconductor chips.
Earlier this weekTrump has called for tariffs for foreign computer chips, semiconductors and pharmaceuticals from places such as Taiwan in the near future.
In the House Go Editions Conference in Miami Trump, the manufacturers also did not need an incentive to build their chip factories in the US, he suggested that he remove the Joe Biden Program for Paying Producers such as Intel to build the United States
The impact of such tariffs can be huge. The Consumer Technology Association, the lobbying group for the US Electronics Industry, warned that tariffs could take the price of games for hundreds of dollars to $ 1,000.
“In the very near future, we will place tariffs for foreign productions of computer chips, semiconductors and pharmaceuticals to return the production of these major goods to the United States,” Trump said. “They left us and went to Taiwan, which, by the way, is about 98% of the chip business. And we want them to come back and we will not give them billions of dollars like this ridiculous program that Biden has. “
The Law on Bilateral Chips and Science, supported by $ 52 billion subsidies, to enable companies to build factories in US Intel, TSMC, Coherent and Analog devices were among the companies receiving grants from the Biden administration.
“Give all billions of dollars. They already have billions of dollars. They have nothing but money Joe. They didn’t need money, “Trump said. “They needed an incentive. And the incentive will be that they will not want to pay tax 25, 50 or even 100%. They will build the factory with their own money. We don’t have to give them money. They will come in because it is good for them to enter. You give them money and they don’t know what to do with it. “
Thanks to the incentives, not the tariffs, SIA said this month that the Chip and Science Act is on its way to strengthen US production, creating jobs, strengthening economic growth and promoting national security. ACT production stimuli has caused significant advertisements in the US, the group said. Intel said she received more than $ 2 billion this week under the law.
“In fact, companies in the semiconductor ecosystem have announced 90 new projects In 28 states in the United States – they are taking hundreds of billions of dollars private investment – as the Law on Chips and Science has been introduced. These announced projects will create more than 58,000 jobs in the semiconductor ecosystem and will support hundreds of thousands of additional US jobs in the US economy.
SIA-Boston Consulting Group Report released Last May predicts that the United States will triple their internal production capacity of semiconducts from 2022 – when the law entered into force – by 2032, the estimated 203% increase was the most projected percentage increase in the world during this time. The report also predicted that America would capture over a quarter (28%) of total global capital expenditure from 2024 to 2032.
The Consumer Technology Association said during CES 2025 that the proposed tariffs could increase prices of laptops and tablets by 46%, game consoles by 40%and smartphones by 26%.
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