Key advisers by the co -founder of Wealth Management Eddie Ghabour reveals why he recently bought Nvidia shares during a ‘Varney & Co.
President Donald Trump On Friday, he met with Nvidia Executive Director Jensen Huang at the White House, Fox Business confirmed.
It was expected to talk to Huang and Trump Artificial intelligence (AI)as well as chips and strength required to train AI models and drivers’ production facilities.
Nvidia appeared as a leader in the market for advanced chips used to train sophisticated AI models, and also developed AI chips for autonomous cars and general robotics.
| Dice | Security | Last | Change | Change % |
|---|---|---|---|---|
| Nvda | Nvidia Corp. | 120.07 | -4.58 |
-3.67% |
“He’s a great gentleman,” Trump said after a meeting. “He’s the biggest in the world in terms of chips. I can’t say what’s going to happen to that. We had a meeting, it was a good meeting, but in the end we’ll put tariffs on the chips.”
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Nvidia Jensen Huang CEO should meet with President Donald Trump in the White House. (Patrick T. Fallon / AFP via Getty Images / Getty Images)
The Huang Trump meeting comes after Chinese AI startup Deepseek announced Ai Chatbot who pulled the past of Openi’s Chatgpt in the Apple App Store. Deepseek claimed that his chatbot was dressed at 2,000 NVIDIA H800 GPUs at a price of less than $ 6 million – although critics have doubted the number.
The appearance of Deepseek Technical stockincluding Nvidia, which fell 17%on Monday. He wiped about $ 20 billion from Huang net value, lowering it to about $ 103.7 billion. Huang’s current net value is classified among the 20 largest wealth in the world, forbes states.
Nvidia supplies have been reduced just over 6% from Friday morning after some of the losses have taken out of a recent fall. However, NVIDIA shares increased by 104% compared to a year ago.
CEO NVIDIA: ‘Chatgpt moment for a general robotics is just around the corner’
Huang recently presented new NVIDIA new initiatives at an annual address at the main address Consumer electronics show Conference in Las Vegas.
“The moment Chatgpt for general robotics is right around the corner,” Huang said in relation to the influence Openai’s chatgpt Placing a broader interest in generative AI technology with the publication of AI Chatbot conversation in late 2022 AD.
“In fact, all the technologies I have talked about will allow us to see very fast breakthroughs in the next few years, surprising breakthroughs, generally robotics.”
President Donald Trump recently met with the Openi CEO of Altman himself. (Roberto Schmidt / AFP via Getty Images / Getty Images)
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Huang said AI tools will help facilitate the growth of general robotics technologies in areas such as information technology, cars that drive and humanoid robots that can automate more work in doing production facilities and warehouses.
Fox Business’ Edward Lawrence contributed to this report.
