Nvidia's Huang Calls Trump-Xi Summit 'Most Important in History'
Nvidia CEO Jensen Huang hailed the Trump-Xi Beijing summit as 'one of the most important in human history,' praising both leaders as 'inspiring' and 'welcoming' while stating he came to support Trump. The narrative began May 11 with Huang's Carnegie Mellon speech highlighting $700B big-tech capex and McKinsey's $7T global data-center spend by 2030, fueling AI infrastructure optimism. Shares surged 3% to $220.78 on May 13, adding $160B market cap, after Huang's last-minute Air Force One join in Alaska for the May 14-15 talks, viewed as a potential thaw in U.S. chip export curbs amid Wedbush's 'AI inflection point' call.