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President Trump is expected to meet with NVIDIA's CEO, Jensen Huang, during his visit to South Korea, where he will congratulate him on the firm's recent achievements. President Trump Will Congratulate NVIDIA On Producing The First Blackwell Chip Wafer In the US Well, the timing of a meeting between President Trump and Jensen Huang is indeed a 'massive' coincidence, to say the least, especially since both the US and China have agreed on a trade deal framework, which is expected to reduce hostilities between the two nations. While speaking with business leaders in Tokyo, Japan, President Trump announced his meeting with Jensen Huang later this week. Interestingly, in just a few minutes from now, NVIDIA's CEO is expected to deliver a 'pivotal' GTC keynote in Washington. The meeting agenda hasn't been specified yet. Still, Yahoo Finance reports that President Trump will congratulate NVIDIA's CEO on producing the first Blackwell chip wafer in the US at TSMC's Arizona facility, which is a massive achievement for the future of American manufacturing. Jensen knows how essential it is for the US to establish sufficient production lines on domestic grounds; hence, the announcement holds immense importance not just for NVIDIA, but also for the Trump administration. There are 'whispers' that NVIDIA could see a breakthrough with China now that the trade relations are going towards normalization; however, nothing has been reported as of yet, so this is just market speculation for now. Jensen has previously declared that they have abandoned their Chinese business, with market share "dropping down from 95% to 0%", which indicates that getting a 'sigh of relief' from the US for NVIDIA's China business is a significant move for Team Green and its revenue figures. However, for now, the Trump-Jensen meeting is reportedly focused on domestic breakthroughs. It would be interesting to see how the future unfolds for NVIDIA in the Chinese market, especially since the firm is desperate to regain its market share. More importantly, with domestic competition growing in China's AI markets, the dominance of America's tech stack is under jeopardy, according to what Jensen has expressed in the past.
