Overview

• President Trump and Nvidia CEO Jensen Huang discussed U.S. AI policy, including export controls on advanced AI GPUs, at the White House on Friday.
• The meeting comes after Chinese startup DeepSeek announced an AI breakthrough, raising concerns about U.S. technological dominance and market stability.
• Nvidia has criticized recent restrictions on AI chip exports, which could limit sales to China and other nations, potentially costing the company billions in revenue.
• Trump has signaled an interest in bolstering domestic semiconductor manufacturing and revisiting Biden-era subsidies for U.S.-based chip production.
• Lawmakers are urging stricter controls to prevent advanced Nvidia chips from being diverted to China through intermediary countries like Singapore.