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Trump Phones Jensen Huang Live Against AI Slowdown Fears. NVIDIA Stock Reacts

Trump Phones Jensen Huang Live Against AI Slowdown Fears. NVIDIA Stock Reacts

President Donald Trump phoned Nvidia Chief Executive Jensen Huang live on stage Monday. He told a room of investors that fear of artificial intelligence (AI) is a hoax. Nvidia shares fell anyway.

The call came during the All-In Summit, a technology conference run by a group of Silicon Valley investors. It landed hours after chip stocks opened sharply lower.

Nvidia (NVDA) Stock Price Performance. Source: Yahoo FinanceNvidia (NVDA) Stock Price Performance. Source: Yahoo Finance

Trump Turns a Phone Call Into AI Policy

Huang was midway through an on-stage interview when his phone rang. He put the president on speaker, and the audience heard the argument Trump has pushed for weeks.

“I’m telling you it’s all a hoax. The data centers are great. They make people wealthy. They make states wealthy. AI is…

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