The CEO of Nvidia, Jensen Huang, praised the technological and commercial policies of President Donald Trump as “very visionary”, aligning the administration’s thrust to reindustrialize the American economy and dominate the global technological race.
Speaking in Norrköping, Sweden on Saturday, where he received an honorary doctorate from the University of Linköping, Huang applauded Trump’s radical effort to support American technological societies, which included the abolition of restrictions from the Biden era on ia flea exports to countries like Saudi Arabia, Sweden.
“The president would like American technology to win with Nvidia and American companies to sell fleas all over the world and generate income, tax revenue, invest and build in the United States,” said Huang.
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Earlier, the CEO called the Biden administration restrictions on a “failure”.
“American technology companies were very successful in China four years ago. We have lost around 50% of the market share and the competitors have increased, “he added, describing past restrictions as” failure “.
Nvidia, the most precious flea manufacturer in the world, has announced that it would provide its latest generation AI data center platform to a consortium of Swedish companies, including the telecommunications giant Ericsson and the Pharmaceutical Company Astrazeneca. This comes from similar partnerships in the Middle East after Trump canceled a policy that would have limited the sale of advanced fleas to certain regions.
“Manufacturing in the United States, guaranteeing our supply chain, having real resilience, redundancy and diversity in our manufacturing supply chain – all this is excellent,” said Huang, aligning the broader industrial strategy of Trump.
Dissent in the business world
However, while Huang expressed confidence in the president’s approach, many other members of the business world remain deeply skeptical. Many have noted that Trump’s escalation of the use of prices and threats – in particular its recent article suggesting a price of 60% on all Chinese goods and a 50% tariff on European imports – reflects destabilizing markets and resulting in American and global economies in slowing down.
Although Trump’s technological policy has reopened the NVIDIA global supply chain, which prompted Huang to adopt the “pro-industrial” posture, other business leaders have warned that its prices and trade disturbances could cause sustainable damage. The United States Chamber of Commerce and the National Foreign Trade Council have repeatedly warned that high prices could turn against, increase consumer prices, damage diplomatic relations and reduce US global markets.
The business leaders of all industries – in particular those who depends heavily on world supply chains – also increase red flags.
“By definition, Trump prices will increase less money than expected.
Peaceful.
Car manufacturers, semiconductor companies and retailers warn that current pricing threats erod long-term planning and destabilization of carefully built commercial relations over the decades.
Even the allies of Trump’s previous economic policy, such as the former CEO of General Electric, Jeffrey Immelt, expressed their concern about increasing unpredictability.
“Business hates uncertainty, and that’s exactly what the current approach feeds,” Immelt to CNBC last week. “You cannot exploit global companies with one eye on the stock of stock and the other on a presidential tweet.”
NVIDIA’s tightrope
Nvidia has already undergone major setbacks in China, where its market share has plunged in the midst of American export restrictions and Beijing efforts to build local alternatives. Now, with the softening of certain restrictions under Trump, the company tries to walk a geopolitical scratch – keeping the closure of the Western allies without losing access to large foreign markets.
In China, where the restrictions still apply, Nvidia would have developed a stripped IA chip on the basis of its new Blackwell architecture to maintain a certain presence on the market.
The company also continues to expand in regions where Trump policies have opened doors, such as the Middle East and Europe. However, even Huang has recognized that global trade tensions remain a significant risk for long -term growth.
This means that even if Huang can see President Trump’s technological policies as a renewal of American industrial power, the business world is increasingly divided. Although Nvidia seeks to capitalize on the changing position of Washington, others warn that Trump’s zero sum tactics could cause an economic return of historical proportions.
