Jensen Huang Praised By Trump: Nvidia 'Wouldn't Be Doing' $500 Billion AI Infrastructure Commitment Without Tariffs
Benzinga (Tue, 15-Apr 1:12 AM)
President Donald Trump credited his tariff policies for driving Nvidia Corp.’s (NASDAQ:NVDA) massive $500 billion commitment to build artificial intelligence infrastructure in the United States during a White House press conference on Monday.
What Happened: “The reason they did it is because of the election on Nov. 5 and because of a thing called tariffs,” Trump said while hosting El Salvador President Nayib Bukele. “I want to thank Jensen and all of the people that we deal with. They’re great people, they’re brilliant people, and without tariffs, they wouldn’t be doing it.”
The chipmaker announced plans to partner with manufacturing giants, including Foxconn, Wistron, TSMC, Amkor, and SPIL to develop AI-related infrastructure across the United States over the next four years. Production ...
