Trump Once Considered Breaking Up Nvidia, Exchanges Praise with Jensen Huang at AI Summit

According to a report by Jinse Finance, U.S. President Donald Trump stated at an artificial intelligence summit held in Washington on Wednesday that he had considered breaking up Nvidia (NVDA.O) to increase competition in the AI chip sector, but later realized "it's not that easy." Trump said, "Before I learned the facts, I said, 'Look, we're going to break this guy up.'" He noted that his aides told him this would be "very difficult," and that the company holds a significant advantage over all its competitors, which would take years to overcome. Trump remarked, "I thought we could break them up a bit to boost competition, but then I found out it's not that easy." Trump went on to praise Nvidia CEO Jensen Huang, who was also present at the event. Earlier that day, Huang had commended Trump’s approach to artificial intelligence on stage, saying, "America’s unique advantage is something no other country can have, and that is President Trump."