NVIDIA CEO Praises Trump’s Tariffs as “Utterly Visionary”

‍ Updated May 31,2025
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Jensen Huang,CEO of ⁢NVIDIA,has voiced strong support for President Trump’s tariffs,describing them⁣ as “utterly‍ visionary.” This endorsement arrives amid widespread tech industry concerns about the potential impact of these tariffs on ⁣ tech industry and global smartphone sales.

Huang’s comments, made during a Bloomberg interview following NVIDIA’s latest record-breaking revenue announcement, highlight a divergence of opinion within the sector. NVIDIA, a major player in artificial intelligence, ‍sees the tariffs as a strategic move to stimulate domestic investment and “re-industrialize” the United States.

Huang believes the tariffs will encourage companies to bring manufacturing and tech development back to the U.S., reducing ⁤reliance on overseas⁣ production. He also⁢ lauded the rescinding of the “AI diffusion rule,”⁣ which he says will accelerate the global adoption of American technology, benefiting companies like NVIDIA.

“utterly visionary.”

However,not all tech leaders share Huang’s perspective. HP CEO Enrique ⁢Lores recently stated that his company would raise prices to offset increased costs resulting from the tariffs. This⁢ illustrates the ⁤complex⁢ and⁤ divided opinions within the industry regarding the true impact of tariffs on businesses and consumers.

What’s⁣ next

While some companies anticipate negative impacts from the tariffs, Huang envisions a future where American technological leadership and a more ‍self-reliant industry thrive. His⁣ stance underscores the varied perspectives among tech⁣ CEOs regarding economic policy and its potential long-term effects on the tech industry, NVIDIA ‍and tariffs.