At the All-In conference in Los Angeles on Monday, Nvidia CEO Jensen Huang became the center of attention after President Trump called him directly on stage. While the live conversation dominated headlines, observers noted that Huang was holding Apple’s newly announced foldable phone to answer the call—a device scheduled for release in five weeks.
Dressed in his customary alligator leather jacket, Huang displayed the unreleased hardware, priced at $1,999, while engaging with the president. The sighting highlighted a significant shift in the technology sector, as it marks the first time since Nvidia stopped supplying Apple with internal components roughly a decade ago that the two companies are collaborating closely on core AI features within Apple Intelligence.
Once Trump put the phone on speaker, the discussion focused on artificial intelligence safety. Both men appeared to dismiss growing public anxiety regarding AI risks. Trump characterized these fears as a “hoax,” arguing that political opponents and China stand to benefit most from regulatory slowdowns. He described the technology as too powerful—”bigger than the internet”—to be restrained.
During the exchange, Huang acknowledged the audience’s reaction, noting to Trump, “Did you hear that? Thousands of people are clapping,” when the president claimed the panic around AI was unfounded.
Whether Huang personally shares this perspective or feels constrained by his role remains unclear. Nvidia’s financial success is heavily reliant on AI laboratories purchasing its chips, suggesting that downplaying existential threats aligns with protecting shareholder value. Nvidia’s stock has risen 33% over the past year but dipped slightly during the event.
While the political implications of the call drew widespread coverage, the presence of the unreleased Apple device offered a subtle glimpse into the deepening integration between the two tech giants.
Jensen in an alligator leather jacket answering a call from Trump while showcasing Apple’s new toy. This week is wild.
Calling AI anxiety a ‘hoax’ while holding a device that likely relies on those very fears driving sales feels deeply hypocritical.
It is fascinating that Nvidia and Apple are collaborating again after a decade apart. The tech landscape has shifted dramatically.
Does it really matter if Huang believes the AI risk claims, or is he just protecting Nvidia’s massive chip sales revenue?
An unreleased $1,999 foldable phone on live TV? That is some aggressive, unintentional product placement by Apple.