JAKARTA Nvidia CEO Jensen Huang on Saturday 24 May praised US President Donald Trump's efforts to push US technology. This comes as the leading chip company announced a partnership with a number of Swedish companies to develop AI infrastructure in Sweden.
Nvidia will provide the latest generation AI data center platform for a group of Swedish companies, including telecommunications equipment maker Ericsson and drug developer AstraZeneca.
In recent weeks, Nvidia has also announced a number of similar partnerships in Saudi Arabia and the United Arab Emirates after the Trump administration lifted a ruling imposed by former President Joe Biden limiting exports of AI chips.
Huang, yang sebelumnya menyebut pembatasan tersebut sebagai "kefailan," mengatakan bahwa Presiden Donald Trump ingin perusahaan-perusahaan AS "menang".
"American technology companies were very successful in China four years ago, but we have lost about 50% of the market share and competitors are growing," he said Saturday in Norrkoping, when he was due to receive an honorary doctorate from Linkoping University.
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"The president wants American technology to win alongside Nvidia and US companies to sell chips worldwide, generate revenue, taxes, and invest and build in the US," Huang added.
The Trump administration has introduced massive tariffs on the grounds of driving growth, bringing back manufacturing jobs, and increasing tax revenues.
However, many business people and economists warn that the tariff could actually have the opposite effect, sparking a recession in the US and a global slowdown due to rising costs, disruption of supply chains, and declining consumer and business confidence.
Huang said many policies related to the reindustrialization were "visioner". Manufacturing in the United States, securing our supply chain, having real resilience, redundancy, and diversity in the manufacturing supply chain are all extraordinary," he said.
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