Nvidia CEO says Intel-style deal hasn't come up in talks with Trump

The Trump administration is rewriting how the US government interacts with private tech companies in the AI race, taking a 10% stake in Intel (INTC). The president has signaled that the Intel deal could be just the beginning of a new era of US government investment in private companies.

Nvidia CEO Jensen Huang shares insights into the company's talks with President Trump, saying that a potential agreement similar to what the administration worked out with Intel, "hasn't really come up." Check out the video above to hear more about the "two topics" that "most of the conversations" the chipmaker has with the Trump administration are "centered around."

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Video Transcript

00:00 Speaker A

you and other corporate CEOs here in the US have really been working with the administration to achieve your goals. Of course, the government becoming part owner of Intel, and they've opened the door to other deals. Have you thought about similar deals, other kinds of partnerships with this administration?

00:27 Speaker B

Uh no, and it has it hasn't really come up. Um I think the the uh President Trump and his administration wants to make America great. In all of my conversations with them, that's 100% there. It's about re-industrializing the United States because we need to have manufacturing here. We need to be able to manufacture critical technology here. We want to have a manufacturing economy here. And that that vision for re-industrial re-industrializing United States is a wonderful vision and we should get all behind it and we're NVIDIA is all behind it. The second vision that we're part of is to help the United States, he wants America to win the AI race. It is the most consequential technology of all time. This is the beginning of a new industrial revolution. This technology will be the the foundation technology for the next, you know, several decades, the next century. And it's the most consequential thing that could drive productivity, industrial advance, social advance, and he understands that he wants America to win the AI race. And so, when we speak to him, uh most of the conversations are really just centered around those kind of navigate around those two topics. Uh and where it ends up at those two topics all the time and and is he's singularly focused on on helping the United States and helping America uh be great again. And and so I I've always enjoyed the conversation with the administration. They're very constructive, they're trying to help. They have a great sense of urgency, which I love. They have a great sense of urgency, which I love. And um, I, you know, I I I can't say say enough great things about it. Related Videos

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