calling him a ‘great guy’, claiming he has 100% market share and his company is impossible to catch up to even if it had 10 terrible years. AMD CEO Dr. Lisa Su also in attendance

This is moments after Trump admitted he hadn’t even heard of Nvidia at a point during his presidency.

President Trump just announced an AI Action Plan for the United States, outlining how the administration will keep US companies at the cutting edge of artificial intelligence development. A key policy in that plan: building increasingly larger, more powerful datacentres. And who do you call for AI data centers? Nvidia, of course. Though this was news to President Trump at one point, who admitted during his speech at the AI summit in Washington D.C. that he’d never even heard of ’em: “What the hell is Nvidia?”

Speaking on a conversation he claims to have had in the past, Trump says, in a winding back-and-forth with an unknown other:

“I said, ‘we’ll break them up’, that’s going to be very hard, I said, ‘why’. I said, ‘what percentage of the market does he have?’ ‘Sir, he has 100%’. I said, ‘who the hell is he?’ ‘What’s his name?’ ‘His name is Jensen Huang, Nvidia.’ I said, ‘what the hell is Nvidia, I’ve never heard of it before.’ He said, ‘you don’t want to know about it, sir.'”

Trump then reiterates that his initial thought was to break Nvidia up, to promote further competition.

“I figured we could go in, break ’em up a little bit, get ’em a little competition. I found out it’s not easy in that business. I said, ‘supposing we put the greatest minds together, they work end on end a couple years?’ He said, ‘No, it would take at least ten years to catch ’em, if he ran Nvidia totally incompetently from now on.’ I said, ‘alright, so let’s go onto the next one.'”

Trump asks Nvidia boss Huang to stand up for a round of applause, calling him a “great guy” and stating “what a job you’ve done.”

Throughout this, AMD’s CEO Dr. Lisa Su is also in attendance. That might’ve been a tough watch for the red team’s chief—not because Su and Huang are such bitter rivals they can’t be in the room together—they seem to get along well enough—but more so Trump just proclaimed Nvidia to have total market dominance in AI chips and that no one could ever catch them, even if they had their worst decade ever.

https://www.pcgamer.com/software/ai/trump-praises-nvidia-ceo-jensen-huang-at-ai-summit-calling-him-a-great-guy-claiming-he-has-100-percent-market-share-and-his-company-is-impossible-to-catch-up-with-even-if-it-had-10-terrible-years-amd-ceo-dr-lisa-su-also-in-attendance/