Jensen Huang Praised By Trump: Nvidia 'Wouldn't Be Doing' $500 Billion AI Infrastructure Commitment Without Tariffs - NVIDIA (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD)
1. Trump claims tariffs drove Nvidia's $500 billion AI infrastructure investment. 2. Nvidia partners with Foxconn, TSMC, and others for U.S. AI manufacturing. 3. AMD plans to produce more AI servers in the U.S. at TSMC Arizona. 4. Temporary tariff relief provided to U.S. chip companies recently. 5. Nvidia's competitive momentum continues despite falling stock valuations.