Trump rings Nvidia CEO Jensen Huang live mid-panel, calls data centres the ‘oil of the next 25 years’ - Moneycontrol.com

**Trump Interrupts Nvidia Panel to Praise Data‑Centre Growth**

During a high‑profile discussion on artificial intelligence at a tech conference in San Jose, former President Donald Trump placed a live call to Nvidia CEO Jensen Huang. The call, which was broadcast to the audience, saw Trump liken data centres to “the oil of the next 25 years,” emphasizing their strategic importance for the United States’ economic future. Huang thanked the former president for his enthusiasm, briefly highlighted Nvidia’s role in powering modern AI workloads, and then steered the conversation back to the panel’s agenda without offering a detailed policy stance.

The unexpected interjection comes as Congress intensifies scrutiny of AI development. Lawmakers have been pressing for stricter guardrails after mounting concerns about deep‑fake technology, algorithmic bias, and national‑security risks. While many senators have urged a slowdown or at least a framework for responsible AI, Trump has repeatedly dismissed calls for regulatory brakes, arguing that excessive constraints would hamper U.S. competitiveness. Huang, in subsequent interviews, downplayed the existential threats posed by AI, stressing that industry innovation—driven by robust data‑centre capacity—remains the primary engine of progress.

Investors reacted swiftly to the exchange. Nvidia’s shares ticked higher in after‑hours trading, buoyed by the implication that data‑centre demand will surge in the coming decades. AMD, another major chipmaker, also saw a modest uptick as analysts projected that the broader semiconductor sector stands to benefit from the “oil‑of‑the‑future” narrative. Nonetheless, market analysts warned that political rhetoric does not replace the need for clear regulatory guidance, noting that sustained growth will depend on balanced policy that encourages innovation while mitigating AI‑related risks.