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The CEO of Nvidia, Jensen Huang, meets Donald Trump on AI

remon Buul by remon Buul
February 1, 2025
in Business
0
The CEO of Nvidia, Jensen Huang, meets Donald Trump on AI

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Nvidia confirmed that his CEO Jensen Huang had met US President Donald Trump to discuss American technology and AI management.

“We appreciated the opportunity to meet President Trump and discuss semiconductors and AI policy. Jensen and the president discussed the importance of strengthening American technology and AI leadership, “said a spokesperson for Nvidia.

The meeting took place today and, by coincidence, occurs one day before Trump promised to impose a lot of prices on products, including semiconductor chips.

Earlier this week, Trump called on prices on foreign computer flea, semiconductors and pharmaceutical products from places like Taiwan in the near future.

In the speech at the House Gop Publicing conference in Miami, Trump said that manufacturers do not need to incite their flea factories in the United States either, he suggested that he is deleting Joe’s program Biden to pay subsidies to flea manufacturers like Intel to build in the United States

The impact of these prices could be enormous. The Consumer Technology Association, the Lobbying Group of the US electronics industry, warned that prices could take the cost of hundreds of dollars game consoles at $ 1,000.

“In the very close future, we are going to place prices on foreign productions of computer flea, semiconductors and pharmaceutical products to make the production of these essential products in the United States of America,” said Trump. “They left us and they went to Taiwan, which represents around 98% of the chip activity, by the way. And we want them to come back and we will not give them billions of dollars like this ridiculous program of Biden. »»

The law on fleas and sciences supported by the Biparisan assigned $ 52 billion in subsidies to allow companies to build factories in the United States, TSMC, coherent and analog were among companies receiving subsidies from the Biden Administration .

“Give everyone billions of dollars. They already have billions of dollars. They only have the money Joe. They didn’t need money, “said Trump. “They needed an incentive. And the incentive will be that they will not want to pay a tax of 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 come. You give them money and they don’t know what to do with it. »»

Thanks to incentives rather than at prices, the SIA said this month that chips and science act was on the right track to strengthen American manufacturing, create jobs, stimulate economic growth and promote national security. The manufacturing incentives of the law sparked investments announced substantial in the United States, the group said. Intel said this week that he had received more than $ 2 billion under the law.

“In fact, companies in the semiconductor ecosystem have announced 90 new projects in 28 US states – totaling hundreds of billions of private investments – during the flea and science law. These announced projects will create more than 58,000 jobs in the semiconductors’ ecosystem and will support hundreds of thousands of additional American jobs in the American economy.

A report by the SIA-Boston Consulting Group published last in May planned that the United States will triple its national semiconductor manufacturing capacity from 2022-when the law was promulgated-at 2032. The planned growth of 203% is The largest increase in percentage provided in the world of that time. The report also projected that America will capture a quarter (28%) of the total world capital expenses from 2024 to 2032.

The Consumer Technology Association declared during these 2025 that the prices offered could increase the prices of laptops and 46%tablets, 40%game consoles and 26%smartphones.

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