A few days ago, President Donald Trump admitted that he had never heard of Nvidia or its CEO Jensen Huang even as he wanted to break the company up, reports Tom’s Hardware.
All of this occurred at Trump’s presentation of his AI Action Plan in Washington, making the remarks while presenting on stage:
“I said, look, we’ll break this guy up—this is before I learned the facts of life—I said we’ll break ’em up,” he continued. “They said ‘very hard’, I said ‘Why?’ I said, what percentages of the market does he have? ‘Sir, he has 100%.’”
Trump continued, “I said, ‘Who the hell is he? What’s his name?’ ‘His name is Jensen Huang, Nvidia, ‘ I said, ‘What the hell is Nvidia?’ I’ve never heard of it before.”
According to Tom’s Hardware, Trump even claimed that he suggested putting together “the greatest minds” to work “hand in hand for a couple of years” to try and match Nvidia’s success.
“I figured we could go in and we could sort of break them up a little bit, get them a little competition, and I found it’s not easy in that business.”
He was then told it would take 10 years to catch up with Nvidia, and only if Huang ran the company “totally incompetently from now on.” He concluded: “And then I got to know Jensen, and now I see why.”
The so-called AI Action Plan outlines how President Trump wants to secure US supremacy in the field of artificial intelligence.