Trump praised Jensen Huang, saying "Cook is not here."
President Trump praised Jensen Huang, the CEO of NVIDIA, for his leadership in the field of artificial intelligence and his dominant position in the chip market.
He said, "(Apple CEO) Tim Cook is not here, but you are. He holds 99% of the chip market share. It's hard to beat this."
Trump emphasized NVIDIA's plan to invest $500 billion in AI infrastructure in the United States.
This investment is part of NVIDIA's announcement to invest over $1 trillion in the U.S., including partnerships with Foxconn, Wistron, TSMC, Amkor Technology, and SPIL to build chip production centers in Arizona and Texas. NVIDIA's Blackwell chips have already entered production at TSMC's Phoenix factory.
NVIDIA's stock price surged, returning to the $3 trillion market capitalization club. Huang Renjun's net worth has climbed to $114 billion, increasing by 37% since April.
Previously, NVIDIA also announced a new agreement with Saudi AI company Humain to supply 18,000 chips, further consolidating its global leadership in advanced computing.
Original Source: https://www.toutiao.com/article/1832175889295369/
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