Jensen Huang took a call from Trump, and showed off something else, too

Jensen Huang appeared on stage at the All-In conference in Los Angeles on Monday when President Donald Trump called him live. Huang, wearing his signature alligator leather jacket, accepted the device from Apple to answer the call. This new foldable phone is not scheduled for release until five weeks later. Holding unreleased hardware during a high-profile conversation with the President remains a significant display of confidence.

The interaction shifted quickly to discussions regarding artificial intelligence safety. Both men agreed that public fears about the technology amount to a hoax. Trump stated that the real beneficiaries of this panic are China and political opponents, arguing the technology is too large to slow down. Nvidia’s business model relies heavily on AI laboratories purchasing more chips, so downplaying existential risk protects the company’s share price. Meanwhile, the presence of the expensive Apple device highlights a shifting dynamic. Apple stopped including Nvidia hardware in its own products years ago, yet the company now requires Nvidia to run parts of Apple Intelligence on its devices.

* The call occurred during the All-In conference in Los Angeles
* The foldable phone is priced at $1,999
* Nvidia shares fell a few percentage points today