Nvidia CEO Jensen Huang praised US President Donald Trump’s re-industrialization efforts during a visit to Norrkoping, Sweden.

His remarks came as Nvidia announced a new partnership with Swedish companies like Ericsson and AstraZeneca to develop AI infrastructure using its latest data center platform.

Huang said the current administration wants “American technology to win with Nvidia and American companies to sell chips all over the world.”

He described the push to strengthen US manufacturing and supply chains as “visionary.” This follows similar deals in Saudi Arabia and the UAE after a rollback of export restrictions on AI chips.

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🔗 Source: Reuters

🧠 Food for thought

1️⃣ The emergence of “AI factories” as the new industrial backbone

Huang’s praise for Trump’s re-industrialization policies aligns with NVIDIA’s strategic vision of “AI factories” replacing traditional data centers as a new industrial foundation.

In recent presentations, Huang has described AI infrastructure as a fundamental shift comparable to electricity and the internet, requiring entirely new types of manufacturing facilities 1.

NVIDIA’s recent introduction of NVLink Fusion technology supports this vision by enabling companies to build semi-custom AI infrastructure, positioning the company at the center of what it describes as “the next industrial revolution” 2.

This represents a significant shift in how computing infrastructure is conceptualized, moving from traditional data centers to production-focused facilities that manufacture AI outputs through massive computational resources.

The company’s expansion of partnerships across multiple countries (Sweden, Saudi Arabia, UAE) demonstrates how this new form of “industrialization” focuses on computational capacity as the new basis of industrial power.

2️⃣ Global expansion amid evolving export policies

NVIDIA’s announcements of international partnerships come directly after the Trump administration rescinded previous export restrictions on AI chips, revealing the immediate business impact of shifting trade policies.

Under the Biden administration’s restrictions, NVIDIA faced significant limitations in key markets, with Huang noting they “lost about 50% of the market share” in China while competitors gained ground 3.

This pattern mirrors broader tech industry dynamics where restrictive policies have often led to market share losses and the growth of foreign competitors, as documented in analyses of previous tariff impacts 4.

The timing of NVIDIA’s new partnerships in Sweden, Saudi Arabia, and the UAE demonstrates how quickly tech companies can pivot their global strategies when policy constraints are removed.

NVIDIA’s expansion strategy reflects a broader tension in the tech industry between nationalist industrial policies and the reality of global supply chains, where companies must balance domestic manufacturing rhetoric with international business imperatives.

3️⃣ Competing visions of reindustrialization

Huang’s endorsement of Trump’s manufacturing-focused policies contrasts with expert assessments of what effective industrial policy should look like in the modern technology sector.

While Trump’s approach emphasizes tariffs and protectionism, research indicates that successful manufacturing strategies require substantial federal investment in innovation and workforce development – elements that have faced cuts under previous Trump budgets 5.

Historical analysis shows that promises to revitalize traditional manufacturing have often fallen short, with corporations continuing to offshore jobs despite policy incentives aimed at reshoring 5.

The Century Foundation’s research indicates that effective industrial policy requires coordination between government, industry, and education sectors, rather than focusing primarily on tariffs and deregulation 5.

This highlights the gap between political rhetoric about manufacturing revival and the complex reality of modern industrial development, where advanced technology and collaborative ecosystems often matter more than protective trade barriers.

Recent Nvidia developments

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