Nvidia CEO Jensen Huang Emphasizes Global Cooperation in AI Amid Potential Trump Administration Restrictions

Nvidia CEO says will balance compliance and tech advances under Trump

Hong Kong (AFP) - Nvidia CEO Jensen Huang said Saturday that his company will balance legal compliance and technological advances under the incoming administration of Donald Trump, and nothing will stop the global advancement of artificial intelligence. The US chipmaking giant this week reported record high quarterly revenue on the back of strong AI chip demand, though investors are wary of US-China tensions reheating during a new Trump term. The Taiwan-born entrepreneur was in Hong Kong to receive an honorary doctorate in engineering from the Hong Kong University of Science and Technology. "Whatever happens, we'll balance simultaneously compliance with laws and policies, continue to advance our technology, and support and serve customers all over the world," Huang told reporters on Saturday. "We'll continue to do that and we'll be able to do that just fine." The Biden administration has restricted Nvidia from selling some of its top AI chips to China, which it sees as a strategic competitor in the field of advanced semiconductors. Huang said Saturday that "open science and open research in AI is absolutely global... nothing that I see in the future is going to stop that." Huang said in a speech that the "age of AI has started" and lauded China's "significant contributions" to the scientific research that push forward AI technology. "AI is certainly the most important technology of our time, and potentially of all times," he said. Tech giants around the world have invested tens of billions of dollars into Nvidia's technology to train their generative AI models and support their heavy computing needs. Nvidia surpassed Apple early this month to become the highest valued company in the world as the artificial intelligence boom continues to excite Wall Street.

Nvidia CEO Jensen Huang Talks Up Cooperation With China Ahead of Trump Trade War 2.0

Nvidia's China sales currently accounts for around 15 percent of its total revenue -- a drop from 26 percent two years ago. Despite widespread fears that President-elect Donald Trump's return to office will lead to tightened trade policies around A.I. chips to curb China's tech advances, the CEO of Nvidia (NVDA), the largest manufacturer of A.I. chips, is still optimistic about the state of America's relationship with China under the incoming administration. "Open research is one of the miracles of modern science and perhaps the ultimate form of global cooperation -- one that we must protect," Nvidia co-founder and CEO Jensen Huang on Saturday (Nov. 23) while accepting an honorary doctorate from the Hong Kong University of Science and Technology (HKUST). Huang, who lauded the region's contributions towards technology like A.I., later told reporters that, while he doesn't "know what's going to happen with the new administration," Nvidia will continue to balance policy and law compliance with innovative tech development. Sign Up For Our Daily Newsletter Sign Up Thank you for signing up! By clicking submit, you agree to our <a href="http://observermedia.com/terms">terms of service</a> and acknowledge we may use your information to send you emails, product samples, and promotions on this website and other properties. You can opt out anytime. See all of our newsletters Nvidia's booming GPU business has made it one of the world's most valuable public companies, with a market cap of $3.38 trillion. However, like other chipmakers, its footprint in China has been shrinking in recent years amid growing geopolitical tensions and tightened export policies. Nvidia's sales in China accounted for around 15 percent of its total revenue in the quarter ended September, a drop from 26 percent two years ago. In a continued effort under Trump's first presidential term, the Biden administration in 2022 restricted Nvidia from selling its most advanced chips to China (including Hong Kong). Trump, who is poised to expand such measures, has also said he will enact tariffs in Taiwan, home to Nvidia's largest supplier, Taiwan Semiconductor Manufacturing Company (TSMC). While supporting measured China policies, Huang lauded China's "significant contributions to open science research helping to advance A.I. worldwide." Over the years, Nvidia has benefitted from its presence in areas like Hong Kong, Beijing and Shanghai, according to the CEO. "From the beginning, we've had the benefit and the great joy and privilege of watching the amazing tech industry form in China," he said. As Huang received his honorary doctorate from HKUST, he highlighted the fact that the school's alumni have helped found more than 1,800 startups that are still in operation today. "I'm thrilled to see so much energy focused on advancing the science of A.I. as well as using A.I. to advance at HKUST and across all of China," he said. Thanks to developments across the new technology, "the greatest challenges of our time -- unimaginable challenges to overcome in the past -- all of a sudden seem possible to tackle," he added. Earlier this month, Huang said that Nvidia will comply with whichever policies the Trump administration decides upon. "We'll of course support the administration," said Huang during an earnings call, adding Nvidia will also simultaneously continue to support its customers and compete in the marketplace.

Nvidia CEO says global cooperation in tech will continue under Trump administration

HONG KONG (Reuters) -Nvidia CEO Jensen Huang said on Saturday that global collaboration and cooperation in technology will continue, even if the incoming U.S. administration imposes stricter export controls on advanced computing products. President-elect Donald Trump, in his first term in office, imposed a series of restrictions on the sale of U.S. technology to China citing national security concerns - a policy broadly continued under incumbent President Joe Biden. "Open science in global collaboration, cooperation across math and science has been around for a very long time. It is the foundation of social advancement and scientific advancement," Huang told media during a visit to Hong Kong. Global cooperation is "going to continue. I don't know what's going to happen in the new administration, but whatever happens, we'll balance simultaneously compliance with laws and policies, continue to advance our technology and support and serve customers all over the world." Earlier on Saturday Huang told graduates and academics at the Hong Kong University of Science and Technology that "the age of AI has started" in a speech after receiving an honorary doctorate degree in engineering. The head of the world's leading maker of chips used for artificial intelligence applications received the award alongside actor Tony Leung, Nobel Prize for Chemistry winner Prof. Michael Levitt and Fields Medallist Prof. David Mumford. "The age of AI has started. A new computing era that will impact every industry and every field of science," said Huang. He said Nvidia has "reinvented computing and sparked a new industrial revolution," 25 years after inventing the graphics processing unit. "AI is certainly the most important technology of our time, and potentially of all times." Huang, 61, also told graduates that he wished he had started his career at this time. "The whole world is reset. You're at the starting lines with everybody else. An industry is being reinvented. You now have the instruments, the instruments necessary to advance science in so many different fields," Huang said. "The greatest challenges of our time, unimaginable challenges to overcome in the past, all of a sudden seem possible to tackle." In the afternoon, Huang will participate in a fireside chat with the university's Council Chairman Harry Sham, teachers and students. (Reporting by Jessie Pang; Editing by Christopher Cushing)

Nvidia CEO Jensen Huang Says 'The Age of AI Has Started'

He also told graduates he wished he had started his career at this time Nvidia CEO Jensen Huang said on Saturday that global collaboration and cooperation in technology will continue, even if the incoming U.S. administration imposes stricter export controls on advanced computing products. President-elect Donald Trump, in his first term in office, imposed a series of restrictions on the sale of U.S. technology to China citing national security concerns - a policy broadly continued under incumbent President Joe Biden. "Open science in global collaboration, cooperation across math and science has been around for a very long time. It is the foundation of social advancement and scientific advancement," Huang told media during a visit to Hong Kong. Global cooperation is "going to continue. I don't know what's going to happen in the new administration, but whatever happens, we'll balance simultaneously compliance with laws and policies, continue to advance our technology and support and serve customers all over the world." Earlier on Saturday Huang told graduates and academics at the Hong Kong University of Science and Technology that "the age of AI has started" in a speech after receiving an honorary doctorate degree in engineering. The head of the world's leading maker of chips used for artificial intelligence applications received the award alongside actor Tony Leung, Nobel Prize for Chemistry winner Prof. Michael Levitt and Fields Medallist Prof. David Mumford. "The age of AI has started. A new computing era that will impact every industry and every field of science," said Huang. He said Nvidia has "reinvented computing and sparked a new industrial revolution," 25 years after inventing the graphics processing unit. "AI is certainly the most important technology of our time, and potentially of all times." Huang, 61, also told graduates that he wished he had started his career at this time. "The whole world is reset. You're at the starting lines with everybody else. An industry is being reinvented. You now have the instruments, the instruments necessary to advance science in so many different fields," Huang said. "The greatest challenges of our time, unimaginable challenges to overcome in the past, all of a sudden seem possible to tackle." In the afternoon, Huang will participate in a fireside chat with the university's Council Chairman Harry Sham, teachers and students.

Jensen Huang Credits China's 'Amazing' Tech Ecosystem For Helping Shape AI Giant Nvidia - Microsoft (NASDAQ:MSFT), Apple (NASDAQ:AAPL)

Nvidia Corp. NVDA CEO Jensen Huang emphasized the company's quarter-century presence in China's technology ecosystem during a speech at the Hong Kong University of Science and Technology, highlighting how the region helped shape the now-dominant artificial intelligence chip giant. What Happened: Speaking at HKUST's 2024 Congregation, Huang revealed that Nvidia's design centers in Hong Kong, Beijing, and Shenzhen have been instrumental in building both the company and China's broader technology landscape. "We've had the benefit, the great joy, and the privilege of watching the amazing technology industry form in China," Huang said. The comments come as Nvidia rides unprecedented demand for its AI chips, with recent third-quarter revenue reaching $35.1 billion, up 94% year-over-year. The company's data center segment alone generated $30.8 billion, underlining its dominance in AI computing infrastructure. See Also: Palantir Price Target Raised To $75 By Dan Ives Amid 288% YTD Surge: Analyst Calls 2025 A 'Primetime' Year For AI Why It Matters: Previously, Huang disclosed a significant missed opportunity during an AI summit in Tokyo. He expressed regret at declining SoftBank Group CEO Masayoshi Son's offer years ago to finance a complete buyout of Nvidia, now valued at $3.6 trillion. The CEO's remarks at HKUST highlighted AI's transformative impact across industries, citing recent Nobel Prize victories in physics and chemistry related to neural networks and protein prediction. "AI is certainly the most important technology of our time and potentially of all time," Huang stated. Wall Street remains bullish on Nvidia's trajectory, with Wedbush analyst Dan Ives describing recent results as a "jaw-dropper." The company projects fourth-quarter revenue of $37.5 billion, supported by major deployments like Oracle Corp.'s ORCL planned AI computing clusters using over 131,000 Blackwell GPUs. Price Action: Nvidia's stock has surged more than 194.69% year-to-date, outperforming other major tech companies including Apple Inc. AAPL and Microsoft Corp. MSFT. Read Next: Bluesky Adds Millions Of Users As Elon Musk's X Faces Exodus Post Trump Victory: Here Are A Few Starter Packs To Help You Level Up On The Platform Image Via Shutterstock Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors. Photo courtesy: Nvidia Corp on Flickr Market News and Data brought to you by Benzinga APIs

Nvidia CEO Huang says 'the age of AI has started'

HONG KONG, Nov 23 (Reuters) - Nvidia (NVDA.O), opens new tab CEO Jensen Huang told graduates and academics that "the age of AI has started" in a speech on Saturday, after receiving an honorary doctorate degree in engineering from the Hong Kong University of Science and Technology. The head of the world's leading maker of chips used for artificial intelligence applications received the award alongside actor Tony Leung, Nobel Prize for Chemistry winner Prof. Michael Levitt and Fields Medallist Prof. David Mumford. "The age of AI has started. A new computing era that will impact every industry and every field of science," said Huang. He said Nvidia has "reinvented computing and sparked a new industrial revolution," 25 years after inventing the graphics processing unit. "AI is certainly the most important technology of our time, and potentially of all times." Huang, 61, also told graduates that he wished he had started his career at this time. "The whole world is reset. You're at the starting lines with everybody else. An industry is being reinvented. You now have the instruments, the instruments necessary to advance science in so many different fields," Huang said. "The greatest challenges of our time, unimaginable challenges to overcome in the past, all of a sudden seem possible to tackle." In the afternoon, Huang will participate in a fireside chat with the university's Council Chairman Harry Sham, teachers and students. Reporting by Jessie Pang; Editing by Christopher Cushing Our Standards: The Thomson Reuters Trust Principles., opens new tab Suggested Topics:Artificial IntelligenceArtificial Intelligence Jessie Pang Thomson Reuters Jessie Pang joined Reuters in 2019 after an internship. She covers Hong Kong with a focus on politics and general news.

Nvidia CEO Huang says 'the age of AI has started'

HONG KONG (Reuters) - Nvidia CEO Jensen Huang told graduates and academics that "the age of AI has started" in a speech on Saturday, after receiving an honorary doctorate degree in engineering from the Hong Kong University of Science and Technology. The head of the world's leading maker of chips used for artificial intelligence applications received the award alongside actor Tony Leung, Nobel Prize for Chemistry winner Prof. Michael Levitt and Fields Medallist Prof. David Mumford. "The age of AI has started. A new computing era that will impact every industry and every field of science," said Huang. He said Nvidia has "reinvented computing and sparked a new industrial revolution," 25 years after inventing the graphics processing unit. "AI is certainly the most important technology of our time, and potentially of all times." Huang, 61, also told graduates that he wished he had started his career at this time. "The whole world is reset. You're at the starting lines with everybody else. An industry is being reinvented. You now have the instruments, the instruments necessary to advance science in so many different fields," Huang said. "The greatest challenges of our time, unimaginable challenges to overcome in the past, all of a sudden seem possible to tackle." In the afternoon, Huang will participate in a fireside chat with the university's Council Chairman Harry Sham, teachers and students. (Reporting by Jessie Pang; Editing by Christopher Cushing)

Nvidia CEO Huang Says 'The Age of AI Has Started'

HONG KONG (Reuters) - Nvidia CEO Jensen Huang told graduates and academics that "the age of AI has started" in a speech on Saturday, after receiving an honorary doctorate degree in engineering from the Hong Kong University of Science and Technology. The head of the world's leading maker of chips used for artificial intelligence applications received the award alongside actor Tony Leung, Nobel Prize for Chemistry winner Prof. Michael Levitt and Fields Medallist Prof. David Mumford. "The age of AI has started. A new computing era that will impact every industry and every field of science," said Huang. He said Nvidia has "reinvented computing and sparked a new industrial revolution," 25 years after inventing the graphics processing unit. "AI is certainly the most important technology of our time, and potentially of all times." Huang, 61, also told graduates that he wished he had started his career at this time. "The whole world is reset. You're at the starting lines with everybody else. An industry is being reinvented. You now have the instruments, the instruments necessary to advance science in so many different fields," Huang said. "The greatest challenges of our time, unimaginable challenges to overcome in the past, all of a sudden seem possible to tackle." In the afternoon, Huang will participate in a fireside chat with the university's Council Chairman Harry Sham, teachers and students. (Reporting by Jessie Pang; Editing by Christopher Cushing)