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BlockBeats News, August 29th - During NVIDIA's all-hands meeting on Thursday, President Trump suddenly called NVIDIA CEO Jensen Huang. Huang was hosting a meeting at the company's headquarters in Santa Clara, California at the time. He temporarily left the stage to take the call. Employees at the scene could hear Trump's voice through the microphone but could not discern the specific content of the conversation. About a minute later, Huang returned to continue the meeting.
Later that day, Trump took to social media to congratulate NVIDIA on its latest financial performance, calling its quarterly sales "incredible." NVIDIA had previously announced a second-quarter revenue of $96 billion, a 106% year-on-year increase.
Of note, Trump's direct call to Huang comes as NVIDIA continues to strengthen its policy influence in Washington. On the same day, NVIDIA announced the formation of an employee-funded Political Action Committee (PAC). Currently, NVIDIA and the U.S. government still have differences on issues such as sales of advanced chips to China and regulation of open-source AI models. Meanwhile, there are market reports that NVIDIA is planning to acquire the open-source AI platform Hugging Face for over $13 billion. If the deal proceeds, it may face U.S. antitrust regulatory scrutiny.
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