Nvidia CEO: We brought GTC to DC so President Trump could attend

Core Insights - Nvidia's CEO Jensen Wong is addressing the importance of building massive AI infrastructure at the GTC conference in Washington, highlighting the involvement of policy leaders and industry executives [2][3] - A significant announcement includes Nvidia's $1 billion investment in Nokia, likely related to 5G and 6G technology, which has led to a temporary halt in Nokia's shares [9][10] AI and Labor Market - Jensen emphasizes that companies adopting AI and robotics will be more successful and will likely hire more people, countering fears of job losses due to automation [5][6] - The discussion includes concerns about labor shortages globally and the need for increased productivity to drive hiring [5] Energy Infrastructure - There are ongoing discussions about the power constraints that will arise as AI infrastructure expands, with industry leaders stressing the need for significant resources to support data centers [7][8] - The market is beginning to allocate resources to ensure the necessary infrastructure is built to power AI operations over time [8] Political Context - Jensen Wong is navigating a complex political landscape, addressing concerns from various stakeholders, including those wary of China and the implications for Nvidia's revenue [11][12] - The company has seen a drastic reduction in sales to China due to export controls, and there are expectations for updates on potential market reopening [13][14]