Connect with us

Hi, what are you looking for?

Financial Source ReportFinancial Source Report

Tech News

Nvidia CEO will be one of the few tech bigwigs to skip Trump’s inauguration

US-COMPUTERS-INTERNET-TECHNOLOGY-CES
Photo by PATRICK T. FALLON/AFP via Getty Images

Elon Musk, Mark Zuckerberg, Tim Cook, Jeff Bezos, Sundar Pichai, and even TikTok’s CEO Shou Chew are among the powerful tech leaders lined up to attend Donald Trump’s inauguration on Monday, but Nvidia’s CEO won’t be joining them.

Reuters reports that when asked about his attendance, Jensen Huang said he would instead be celebrating the Lunar New Year “on the road” with employees and their families.

While Huang won’t be present at the President-elect’s ceremony, he said he will “look forward to congratulating the Trump administration when they take office.” Huang also told reporters outside Nvidia’s New Year party in Taipei that he discussed increasing the production of Nvidia’s advanced Blackwell artificial intelligence chips with Chung Ching Wei, the chairman of Nvidia’s main supplier, TSMC.

Nvidia is estimated to control 90 percent of the market share of AI chips. The company criticized a new AI framework announced by the Biden administration last week that would limit how many AI chips companies can send to different countries. In its blog post, Nvidia praised the more lax regulatory environment put in place by the first Trump administration and said it looks forward to “a return to policies that strengthen American leadership.”

Nvidia is notably not among the list of companies and tech execs to have donated to Trump’s inauguration, with Meta, Google, Microsoft, OpenAI’s Sam Altman, and Apple’s Tim Cook having each pledged $1 million to fund the ceremony. Huang also hasn’t appeared at Mar-a-Lago to schmooze Trump directly, unlike top execs from other companies like Tim Cook, Sundar Pichai, Mark Zuckerberg, and Microsoft CEO Satya Nadella.

You May Also Like

Tech News

This is the alert that inadvertently went out to everyone in LA County. | Image: The Verge After two days of dealing with wildfires...

Editor's Pick

American higher education, which is supposed to be about learning truth, has become a bastion of untruth. As higher education loses accountability, it simultaneously...

Tech News

Image: The Verge The AI search engine Perplexity is launching an integration with Tripadvisor that will add more information about hotels. Now, when you...

Tech News

Image: Sony Sony is launching the Xyn (pronounced zin), an “extended reality” headset for creating 3D objects for films, animation, and games. The device,...

Copyright © 2023 FinancialSourceReport.com All Rights Reserved.