U.S. President Donald Trump met with Nvidia Chief Executive Officer (CEO) Jensen Huang on the 3rd (local time) to discuss export controls on AI Semiconductor, foreign media including CNBC and Reuters reported.
After the meeting, CEO Huang met with reporters, confirmed the meeting with President Trump, and said there were discussions on advanced artificial intelligence (AI) semiconductor export controls.
Huang said, "As I have emphasized many times, we support export controls," and added, "U.S. corporations should be able to secure the world's best products the most and the earliest."
However, CEO Huang made clear his opposition to including the "GAIN AI Act" under consideration in the U.S. Congress in the National Defense Authorization Act (NDAA). The bill would require semiconductor companies to meet domestic U.S. demand first before exporting products to "countries of concern," such as China.
He argued, "The GAIN AI Act is more harmful to the United States than existing AI Semiconductor export controls," and said, "Excluding it from the National Defense Authorization Act is a wise decision." Jensen Huang has consistently noted that the bill could instead limit the United States' competitiveness in the global AI market.
The U.S. Congress is currently debating whether to include the GAIN AI Act in the NDAA. Earlier, Axios reported that the White House is pressuring Congress to keep the bill out of the National Defense Authorization Act, and Bloomberg also reported that the bill is unlikely to be included in the NDAA.
According to Reuters, CEO Huang also highlighted his ties by saying in an interview with popular podcast host Joe Rogan that he communicates frequently with members of the Trump administration. He said, "I call whenever I need something or want to open up."
Huang also agreed that it is important for the United States to develop AI ahead of other countries for national security, but added, "Technology progresses gradually," noting, "There may not be a point at which a particular country clearly wins the competition."