The top executive of the world’s most valuable company doesn’t have to flatter anyone, even the president of the United States.
Nvidia becomes first company to clinch $4 trillion in market value
Nvidia notched a market capitalization of $4 trillion on Wednesday, making it the first public company in the world to reach the milestone.
- The Trump administration revealed a plan for the U.S. to lead in AI development, garnering support from tech leaders.
- President Trump expressed confidence in the U.S. winning the AI race, emphasizing its importance for national strength and prosperity.
- The administration is currently adopting a hands-off approach to AI regulation, reducing existing regulations and preventing states from creating their own.
- Tech industry leaders, including previously critical figures, have expressed support for Trump’s AI plan, citing national interests.
- Nvidia CEO Jensen Huang’s endorsement of Trump’s leadership as an advantage for America is particularly noteworthy.
I’m worried about artificial intelligence. It feels like it’s invasive, increasingly ubiquitous and coming for my job. I’m not alone. More than 30% of Americans think AI will do more harm than good.
But on July 24, the Trump administration unveiled a bold plan to ensure that the U.S. dominates the world when it comes to AI. It’s eased my mind a bit.
President Donald Trump‘s plan sounds smart and promising. Global tech leaders support it, too, including the chief executive of the world’s most valuable company. “America’s unique advantage that no country could possibly have is President Trump,” Nvidia CEO Jensen Huang said on the “All-In” podcast.
Trump says US will win the AI race
Trump, speaking at the Winning the AI Race summit for “All In,” declared that the U.S. will outpace foreign competitors in developing artificial intelligence.
That’s important because tech leaders have noted that the country that achieves certain AI milestones may well develop an insurmountable lead in unleashing the most revolutionary technology of our lifetimes.
The Trump administration is taking a hands-off approach to regulating AI at this point. The president even signed executive orders to reduce regulations on constructing data centers and block states from regulating AI on their own.
Tech industry giants embrace Trump’s AI plan
The shift in the tech industry from critics to partners of Trump has been remarkable. OpenAI CEO Sam Altman was one of those critics. Now he supports the president. Meta founder Mark Zuckerberg also has made an obvious shift toward Trump. And, of course, SpaceX and Tesla CEO Elon Musk famously supported Trump before their very public and nasty falling out this year.
The tech leaders admittedly have their own interests in mind in praising Trump these days. But those interests also include America’s economic, technological and national defense priorities. Our nation’s strength and the prosperity and well-being of Americans may well depend on whether we win the AI race in the years ahead.
It’s Huang’s support that impresses me the most. The top executive of the world’s most valuable company doesn’t have to flatter anyone, even the president of the United States. Nvidia is leading the global race to the future, and this leader among leaders now says having Trump in the White House is an advantage for America.
Perhaps even progressives should listen.
Nicole Russell is a columnist at USA TODAY and a mother of four who lives in Texas. Contact her at nrussell@gannett.com and follow her on X, formerly Twitter: @russell_nm. Sign up for her weekly newsletter, The Right Track, here.
