Trump and the founder of Nvidia: how connections with the White House influence technology.
Creation of Nvidia
According to Vox: Nvidia is the largest company in the world specializing in the production of computer chips, particularly graphics processing units (GPUs), since 1993. These chips enable complex calculations necessary for displaying images, videos, and 3D graphics on screens.
If you wanted to play popular computer games such as Unreal, Quake, or Half-Life, you probably bought one of the Nvidia graphics processors that were then often referred to as video cards.
“If you were a real gamer somewhere in 1998, you were probably building your own powerful PC at home. You surrounded yourself with boards and soldering irons,” says Robbie Whelan, a technology and business journalist at The Wall Street Journal.
Today, Nvidia's products have become an integral part of many industries. Their chips have been the foundation for the boom in artificial intelligence, with powerful solutions powering ChatGPT, Gemini, NotebookLM, and Claude.
As a result, Nvidia has become critically important for the tech sector, and its performance can significantly impact the state of the American economy and stock market.
Influence of Jensen Huang
Jensen Huang, co-founder and CEO of Nvidia, was born in Taiwan and moved to the US as a child. He not only runs the largest company in the world but has also become an important figure in international relations. It is known that he maintains friendly relations with Donald Trump.
Tell us more about Jensen Huang, the man behind Nvidia.
At the time of Trump's inauguration, Huang was not at his ceremony, as Trump may not have known of his existence.
Why wasn't he there?
Trump knew that this was the CEO of a successful technology company, but he was not aware of all the nuances Jensen could bring to cooperation, especially in international agreements.
Development of Relations
In 2022, under the Biden administration, Nvidia was denied permission to sell its chips in China for national security reasons. After this, Jensen Huang began to establish friendly relations with Trump, as he needed to be on the same wavelength with the President.
In August of this year, Huang approached Trump to ask how he could resume sales of his chips in China. After numerous negotiations, it was agreed that the US government would take a stake in the company.
This was a significant achievement for Huang, but China imposed a ban on purchasing his products, claiming their unreliability.
Collaboration and Good Relations
Huang often accompanies Trump on international trips and consults the President on important issues. It is known that Trump values the presence of successful people around him.
Does Jensen Huang want to work in the government, as Elon Musk did?
It seems that Huang has no political ambitions but aims only to develop his technologies and strengthen Nvidia's position in the world.
Thus, the relationship between Jensen Huang and Donald Trump underscores the importance of collaboration between big business and politics. As traders and investors watch changes in legislation regarding technology, Nvidia will play an essential role in defining future trends in the field of artificial intelligence and technology. These moments reveal how interconnected modern business and the political landscape are, and what role key players can play in shaping them.
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