Trump Calls Jensen Huang During NVIDIA All-Hands Meeting

Huo Xing Cai Jing reports that on August 29, President Trump unexpectedly called NVIDIA CEO Jensen Huang during NVIDIA’s all-hands meeting on Thursday. At the time, Huang was hosting the meeting at NVIDIA’s headquarters in Santa Clara, California, and briefly stepped away from the stage to take the call. Employees in the auditorium could hear Trump’s voice through the microphone but could not discern the specific content of the conversation. Huang returned to the stage approximately one minute later and resumed the meeting. Later that day, Trump posted on social media congratulating NVIDIA on its latest financial results, describing its quarterly revenue as “incredible.” NVIDIA previously reported second-quarter revenue of $96 billion, a 106% year-over-year increase. Notably, during this direct call to Huang, NVIDIA was actively strengthening its policy influence in Washington and announced on the same day the formation of a political action committee (PAC) funded by its employees. NVIDIA continues to have disagreements with the U.S. government on issues such as the sale of advanced chips to China and regulation of open-source AI models. Meanwhile, market rumors suggest NVIDIA is considering acquiring the open-source AI platform Hugging Face for over $13 billion—a deal that, if pursued, would likely face scrutiny from U.S. antitrust regulators.