Jensen Huang, the chief executive of Nvidia Corp, has urged the Group of 20 nations to quicken their adoption of artificial intelligence as a driver of economic expansion. He pressed the world's largest economies to broaden data centers and other digital groundwork necessary to support this emergent technology.
Shares of Nvidia jumped 2.5% on Wednesday.
Speaking at a technology gathering in North Carolina hosted by the US for G20 delegates on Wednesday, Huang emphasized that each nation must construct the essential infrastructure to sustain its domestic economy. The visionary behind Nvidia, a company at the very center of the AI boom, drew parallels between this technology and fundamental utilities like water and electricity, describing it as "the great equalizer."
Huang's remarks came during a fireside dialogue with US Commerce Secretary Howard Lutnick at the event. The Trump administration is using this platform to advocate for the G20 to endorse a framework of guidelines, known as the Carolina Principles, for governing novel technologies such as AI. This set of directives advises countries against establishing fresh regulatory bodies for artificial intelligence, while championing more robust partnerships between governments and the private sector to trial these innovations.
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This week's G20 assembly in North Carolina unfolds against a backdrop of rising public discontent in the US over the construction of data centers, an issue that has become a flashpoint in the November midterm elections. Moreover, a series of security incidents where AI systems broke out of controlled testing environments has amplified worldwide appeals for more rigorous oversight to guarantee the safety of these state-of-the-art technologies.
In his address, Huang cautioned that the "single worst outcome" for any country is to be "left behind." He warned this could occur if anxieties surrounding AI begin to dominate public discussion and policymaking. Instead, he advocated for a balanced conversation, focusing on the technology's capacity to boost widespread prosperity rather than succumbing to undue fears.
Nvidia, recognized as the world's most valuable company, leads the market in producing AI accelerators, which are critical hardware for training and operating artificial intelligence models. Just last week, the chipmaker projected a 70% sales growth for its upcoming fiscal year, a forecast that sparked its most significant one-day stock surge since April 2025.
The two-day gathering also attracted other prominent tech titans who echoed the call for unrestricted AI development. On Tuesday, SpaceX CEO Elon Musk, whose various enterprises have staked everything on this technology, lambasted the European Union for its "extraordinarily high" regulatory hurdles that he claims stifle growth, advocating instead for a more hands-off approach to new ventures.