Nvidia CEO Jensen Huang has minimized the president’s negative impact Donald TrumpThe prices are, saying that there will be no significant short -term damage.
“We have a lot of AI to build … AI is the foundation, the operating system of each industry in the future. … We are enthusiastic about building in America,” said Huang on Wednesday in a CNBC “Squawk in the street“Interview”. The partners work with us to bring manufacturing here. In the short term, the impact of prices will not be significant. “”
Trump launched a new trade war by imposing prices against the three largest trade partners in Washington, drawing immediate responses from Mexico, Canada and China. Recently, Trump said that he would not change his mind on promulgate “reciprocal rates”. On other countries that set up business obstacles to American goods. The White House said these prices should take effect on April 2.
“We are as enthusiastic about building in America as anyone,” said Huang. “We worked with TSMC To prepare them for the manufacture of fleas here in the United States. We also have excellent partners like Foxconn and Wistron, who work with us to bring manufacturing on the ground, therefore long -term manufacturing on Earth will be something very, very possible to do, and we will. “”
Nvidia’s shares fell by more than 20% of their record reached in January. The stock has undergone a massive sale earlier this year due to the concerns launched by the Chinese artificial intelligence laboratory Deepseek that companies could potentially obtain greater performance in the much more heath infrastructure IA. Huang rejected On this theory, saying models of reasoning popularized in depth which will need more fleas.
NVIDIA, which designs and manufactures graphics treatment units which are essential to AI boom, has been prevented from doing business in China due to export controls that were increased at the end of the Biden administration.
Huang previously said that the company’s percentage of income in China has dropped by about half due to export restrictions, adding that there are other competitive pressures in the country, including Huawei.
