[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Benzinga [@Benzinga](/creator/twitter/Benzinga) on x 307K followers Created: 2025-07-24 19:00:16 UTC At an AI summit in Washington, Donald Trump revealed he once considered breaking up Nvidia using antitrust powers. He quickly backed off after aides explained how difficult it would be in the chip industry and acknowledged that competing with Nvidia isn’t as simple as it sounds. Trump said he initially thought splitting the company would create more competition. But after learning it could take a decade to catch up to Nvidia even if the company were mismanaged, he moved on to other priorities. He later praised Nvidia CEO Jensen Huang, who was in the audience, saying he now understands why the company is so dominant. Trump even gave Huang a thumbs-up and commended the job he has done leading the company. The comments came shortly after Trump and Huang met at the White House, where the administration cleared Nvidia to resume selling certain AI chips to China. The move followed a temporary trade truce. Trump used the summit to unveil his AI Action Plan, a policy package that aims to ease regulations, boost chip exports, and speed up data center development. The plan also rolls back several Biden-era restrictions, including licensing rules that limited high-end semiconductor shipments.  XXXXX engagements  **Related Topics** [donald trump](/topic/donald-trump) [ai summit](/topic/ai-summit) [coins ai](/topic/coins-ai) [$nvda](/topic/$nvda) [stocks technology](/topic/stocks-technology) [Post Link](https://x.com/Benzinga/status/1948458226145501235)
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Benzinga @Benzinga on x 307K followers
Created: 2025-07-24 19:00:16 UTC
At an AI summit in Washington, Donald Trump revealed he once considered breaking up Nvidia using antitrust powers.
He quickly backed off after aides explained how difficult it would be in the chip industry and acknowledged that competing with Nvidia isn’t as simple as it sounds.
Trump said he initially thought splitting the company would create more competition. But after learning it could take a decade to catch up to Nvidia even if the company were mismanaged, he moved on to other priorities.
He later praised Nvidia CEO Jensen Huang, who was in the audience, saying he now understands why the company is so dominant. Trump even gave Huang a thumbs-up and commended the job he has done leading the company.
The comments came shortly after Trump and Huang met at the White House, where the administration cleared Nvidia to resume selling certain AI chips to China. The move followed a temporary trade truce.
Trump used the summit to unveil his AI Action Plan, a policy package that aims to ease regulations, boost chip exports, and speed up data center development.
The plan also rolls back several Biden-era restrictions, including licensing rules that limited high-end semiconductor shipments.
XXXXX engagements
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