Nvidia CEO praises Trump's visionary policies for American technology
- Nvidia announced a partnership with Swedish firms to develop AI infrastructure in Sweden.
- Jensen Huang praised Trump's policies for enhancing U.S. technology and competitiveness.
- Huang's statements reflect a belief that these policies could stimulate growth and secure the supply chain.
In a speech on Saturday, May 24, 2025, in Norrkoping, Sweden, Nvidia CEO Jensen Huang lauded U.S. President Donald Trump’s efforts to enhance the competitiveness of American technology. The remarks came as Nvidia announced a partnership with Swedish companies, including Ericsson and AstraZeneca, to develop AI infrastructure, signaling a strategic move to bolster cooperation on emerging technologies in Europe. Huang emphasized the need for resilience and diversity in the supply chain and echoed Trump’s vision for reviving U.S. manufacturing, a key component of the administration’s economic policies. Huang's comments reflect an ongoing trend in the technology sector, where many companies are reassessing their global strategies in light of geopolitical shifts and regulatory changes. The Trump administration's decision to rescind export restrictions on AI chips, imposed by the previous administration, has opened opportunities for companies like Nvidia to expand internationally. Huang noted the impact of these policies, highlighting the importance of regaining lost market share and increasing competitiveness against global rivals. Despite the optimistic rhetoric from Huang, some economists and business leaders have warned that the tariffs and re-industrialization efforts could have negative repercussions, potentially leading to a recession and adverse impacts on global supply chains. As companies navigate these challenges while trying to remain profitable, the stakes continue to rise regarding the U.S.'s technological dominance in the international market. In conclusion, Huang's endorsement of Trump’s policies signifies a commitment by leading tech companies to adapt and innovate within the framework of the current administration’s economic strategies. By collaborating with international partners, Nvidia aims to leverage advancements in AI to secure its competitive edge and contribute to the expansion of the technology sector both in the U.S. and globally.