NVIDIA Boss Slams AI Doom Mongers, Stock Bounces

NVIDIA Corp (NASDAQ:NVDA) stock traded up almost 3% on Thursday as risk-on appetite lifted mega-cap tech alongside a broader market rebound. The Nasdaq is up 1.57%, while the S&P 500 is up 1.01%. CEO Jensen Huang is pushing back against calls to slow artificial intelligence development while the company navigates a widening global debate over AI safety, regulation and data-center expansion. Huang Rejects New AI Regulations Speaking at a Salesforce Inc. (NYSE:CRM) event, Huang argued that companies can develop AI quickly while maintaining safety standards. "We don’t need new laws — we don’t need new regulations," Huang said. He called the choice between safety and speed a "false choice," adding, "You can definitely have both at the same time," Bloomberg reported on Wednesday. Huang said companies should delay products when safety concerns arise but described safety primarily as an engineering responsibility. "Safety is paramount," he said. "In a lot of ways, it’s job one. However, safety is an engineering problem." His comments followed Anthropic CEO Dario Amodei’s call to slow frontier-model development, which intensified concerns that tighter safeguards could reduce AI infrastructure spending. NVIDIA shares fell 3.4% Monday amid those concerns. Huang Joins Broader AI Policy Debate Earlier this week, Huang took a live call from President Donald Trump during the All-In Summit. Both pushed back against slowing AI and data-center development, Bloomberg reported on Tuesday. Huang is also scheduled to attend an AI forum convened by King Charles III in Scotland alongside executives from OpenAI, Google DeepMind and Anthropic. The event will focus on AI safety and international cooperation, Bloomberg reported on Thursday. Separately, Huang is expected to attend Trump’s state dinner with Chinese leader Xi Jinping next week, Bloomberg reported on Wednesday. China And Data Centers Remain In Focus Trump previously eased restrictions on some NVIDIA chip exports to China, although only older-generation processors can currently enter the market. NVIDIA remains a major supplier of AI accelerators powering the ongoing data-center buildout, placing the company at the center of debates over both AI expansion and its associated risks. Top ETF Exposure Goldman Sachs ActiveBeta US Large Cap Equity ETF (NYSE:GSLC): 9.83% Weight Sapient Quality Select ETF (NASDAQ:SQS): 9.87% Weight Pacer Data and Digital Revolution ETF (NYSE:TRFK): 9.92% Weight Significance: Because NVDA carries such a heavy weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock. Price Action NVDA Stock Price Activity: NVIDIA shares are trading higher by 2.54% at $219.33 at the time of publication on Thursday, according to Benzinga Pro data. Image via Shutterstock Read Also: NVIDIA CEO Says AI Spending Flywheel Is ‘Really, Really Flying’