Jensen Huang, CEO of Nvidia, delivers on April 30, 2025 at an “Investing in America” event in Washington, DC, comments alongside US President Donald Trump.
Leah Millis | Reuters
Nvidia CEO Jensen Huang met with President Donald Trump in the White House on Thursday, Megan Cassella reported CNBC.
The meeting comes when Nvidia rose slightly on Thursday and the first company was to close and beat a trading day with a market capitalization of over 4 trillion dollars Apple And Microsoft To the symbolic milestone. Nvidia briefly touched the brand on Wednesday during trade.
Trump praised the Nvidia shares in a social media contribution on Thursday morning.
“Nvidia has risen by 47% since Trump tariffs. The United States takes over hundreds of billions of dollars of tariffs,” Trump wrote about the social of truth. “Land is now 'back.'”
A representative of Nvidia rejected a statement and it was unclear what the meeting was about, but Nvidia dealt with export controls about his artificial intelligence chips implemented by the Trump administration in April for national security reasons.
At that time, the US government announced NVIDIA that its previously approved H20 processor would require an export license for the Chinese market. Huang previously informed investors that the requirement reduced the sales from Nvidia to China with “no mercy”. The AI chip maker said that he would miss orders of 8 billion US dollars for the chip in the company's July quarter.
“The 50 -billion dollar market for China is effectively closed for the US industry,” Huang told investors in May about a profit call.
NVIDIA also has another potential restriction of the AI chip exports after the Trump government has canceled a planned rule of former President Joe Biden as a “AI diffusion rule”. The Trump administration later promised recent, simpler restrictions that countries could receive NVIDIA technology.
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