Nvidia (NVDA) Jensen Huang was seated next to US Commerce Secretary Howard Lutnick on a G20 stage on Sept. 2, recalling the first time the two of them met, when he put a number on what the world is about to spend. "You recognize that the infrastructure buildout is not going to be in the tens of billions, but is going to be in the tens of trillions," Huang said. "That supply chain security is going to be necessary."
The venue was the US-hosted G20 innovation ministerial in Chapel Hill, NC, and the chief executive was in a fireside conversation with the Commerce secretary. Sam Altman appeared at the same event. The exchange was carried live and the "tens of trillions" line went out the same afternoon across the wires.
