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 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…






