President Donald Trump reportedly called Nvidia Corp (NASDAQ:NVDA) CEO Jensen Huang during the chipmaker’s all-hands meeting Thursday, hours before publicly celebrating the company’s blockbuster quarterly results.
Trump Calls Jensen Huang During Nvidia Meeting
Huang was addressing employees at Nvidia’s Santa Clara, California, headquarters when he received a call from Trump, Wired reported, citing three people who witnessed the interaction.
Huang stepped away from the stage to answer his phone, but Trump’s voice could reportedly be heard through Huang’s microphone. Employees could not make out what the president was saying and Huang returned to the stage less than a minute later.
The unexpected interruption quickly became a talking point among Nvidia employees.
Nvidia did not immediately respond to Benzinga’s request for comment.
Trump Praises Nvidia’s $96 Billion Quarter
Hours after the call, Trump took to Truth Social to congratulate Huang and Nvidia on their latest results, calling the numbers “incredible.”
“Congratulations to Jensen Huang,” Trump wrote, adding, “Only in America!”
Nvidia reported fiscal second-quarter revenue of $96.22 billion, marking a 106% increase from the same period a year earlier and beating Wall Street expectations.
The tech giant expects third-quarter revenue between $105.84 billion and $110.16 billion, representing 85.7% to 93.2% year-over-year growth from the $57.01 billion reported in the year-ago quarter.
Nvidia’s Growing Role In Washington
The timing of Trump’s call is notable as Nvidia expands its political presence in Washington.
Earlier that day, it was reported that Nvidia plans to create an employee-funded political action committee to support federal candidates as lawmakers debate AI policy.
Huang has also become a prominent voice in discussions surrounding U.S. semiconductor restrictions and Nvidia’s ability to sell advanced AI chips to China.
Price Action: Nvidia closed at $217.55, down 4.57% on Friday. The shares rose 0.15% to $217.88 in after-hours trading, according to Benzinga Pro.
According to Benzinga Edge Rankings, Nvidia ranks in the 98th percentile for growth and holds positive price-trend ratings across the short-, medium- and long-term periods.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo: noamgalai from Shutterstock
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