Hong Kong, China:
Nvidia CEO Jensen Huang said Saturday that the company intends to balance compliance with technological advances under the incoming Donald Trump administration, and that nothing will stop the global advancement of artificial intelligence. He said there was nothing.
The U.S. semiconductor manufacturing giant this week reported record quarterly sales on strong demand for AI chips, but investors are wary of a flare-up in U.S.-China tensions during Trump’s new term.
The Taiwanese-born entrepreneur was in Hong Kong to receive an honorary doctorate in engineering from the Hong Kong University of Science and Technology.
“No matter what happens, we will continue to simultaneously comply with laws and policies, continue to evolve our technology, and support and serve our customers around the world,” Huang told reporters on Saturday. I intend to do so,” he said.
“We’re going to keep doing it and I think it’s going to be good.”
The Biden administration is restricting Nvidia from selling some of its top AI chips to China, a strategic competitor in advanced semiconductors.
“Open science and open research in AI is completely global… There’s nothing to stop it in the future,” Huang said on Saturday.
“The era of AI has begun,” Huang said in his speech, praising China’s “huge contributions” to scientific research to advance AI technology.
“AI is certainly the most important technology of our time, and potentially always will be,” he said.
Technology giants around the world have invested tens of billions of dollars in Nvidia technology to train generative AI models and support advanced computing needs.
Nvidia overtook Apple earlier this month to become the world’s most valuable company, as the artificial intelligence boom continues to excite Wall Street.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
