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Nvidia CEO dismisses AI doomsday fears, urges safe AI development amid US-China tech tensions.

Market News
17 Sep 2026
Fox Business
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Neutral
Nvidia CEO dismisses AI doomsday fears, urges safe AI development amid US-China tech tensions.

Nvidia CEO Jensen Huang dismissed extreme fears about AI as unscientific and emphasized the responsibility of AI companies to develop technology safely, advising to hold back AI if it's not ready. This comes ahead of a state dinner hosted by President Trump for Chinese President Xi Jinping, where major tech leaders including Huang, OpenAI's Sam Altman, and Apple's Tim Cook are expected to attend. The event highlights ongoing US-China competition in AI development, with tensions over access to advanced AI chips and models. Huang also noted that despite US export restrictions, China still has sufficient chips for AI development. The dinner underscores the diplomatic and technological stakes in the AI race between the two nations.

As of Sep 18, 2026 04:03 WIB, Nvidia shares on Pluang are priced at USD 219.28, up 2.52% for the day, reflecting solid investor interest in the company amid its prominent role in AI discussions. Apple, also represented at the high-profile dinner, trades at USD 336.82 with a 1.33% gain, though Pluang order activity shows a strong 90% sell sentiment for Apple versus a more balanced 51% buy interest in Nvidia. Nvidia's market cap stands at $5.17 trillion, underscoring its significant position in technology and AI sectors.

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