During a speech to mark the unveiling of his new AI Action Plan, President Donald Trump revealed that he suggested simply breaking up Nvidia, despite appearing to have never heard of the company or its CEO, Jensen Huang.
Trump made the remarks on stage at an AI summit in Washington, D.C., as he unveiled the United States’ new AI Action Plan.
The President made reference and gave thanks to some of AI’s top industry leaders, “And a very special thanks to some of the top industry leaders here, including somebody that’s amazing,” he said, alluding to Huang.
“I said, look, we’ll break this guy up — this is before I learned the facts of life — I said we’ll break ’em up,” he continued. “They said ‘very hard’, I said ‘Why?’ I said, what percentages of the market does he have? ‘Sir, he has 100%.'”
Trump continued, “I said, ‘Who the hell is he? What’s his name?’ ‘His name is Jensen Huang, Nvidia, ‘ I said, ‘What the hell is Nvidia?’ I’ve never heard of it before.