Jensen Huang at G20: Nvidia to invest nearly 1 trillion dollars in the US this year; AI is like essential infrastructure such as water and electricity, every country needs to build it.

Nvidia CEO Jensen Huang on Wednesday urged G20 nations to accelerate the development of artificial intelligence infrastructure, warning that excessive AI regulation would leave countries lagging behind. Meanwhile, the Trump administration used the summit to promote a light-touch AI governance framework to participating countries.

Speaking at the G20 Technology Summit, Huang stated that Nvidia will "invest nearly $1 trillion this year alone in U.S. infrastructure," citing America's regulatory environment and energy policies as key reasons.

He compared AI to public utilities like water and electricity, calling it "the greatest equalizer," and emphasized that "every country needs to build infrastructure to support its own economy."

This statement holds major significance for the market. Last week, Nvidia predicted a 70% revenue increase for the next fiscal year, and after the news broke, its stock saw the largest single-day gain since April 2025. Huang’s positive comments at this summit have further strengthened market expectations for the continued global expansion of AI capital spending.

As of press time, Nvidia shares were up more than 4% in intraday trading on Wednesday.

The summit was hosted by the United States, with Trump administration officials actively promoting a set of AI governance guidelines known as the "Carolina Principles" for G20 members to adopt.

Reportedly, the document explicitly advises countries against setting up additional regulatory agencies for AI. Instead, it advocates closer collaboration between governments and private enterprises to jointly test emerging technologies.

In a conversation with U.S. Secretary of Commerce Howard Lutnick, Huang further clarified his regulatory stance. He stated that governments should regulate "real and concrete harms," not "theoretical or hypothetical harms," and stressed that product safety responsibility should rest with companies themselves rather than government officials.

"The technology is still taking shape," Huang said. "Each company must consciously take responsibility for developing technology safely."

He also warned that the "worst outcome" any country could face is "being left behind." He called on the public and policymakers not to let fear of AI dominate the discourse, but to focus on the potential of AI to drive economic prosperity.

Numerous tech industry executives spoke out collectively at the two-day summit, strongly advocating for unhindered AI development. SpaceX CEO Elon Musk attended the event on Tuesday, criticizing the European Union's "extremely high" regulatory standards for stifling growth and calling for a hands-off approach to new industries.

Even Tom Brown, co-founder of Anthropic and widely known for calling for AI safety guardrails, focused on the global acceleration of data center construction in his conversation with Howard Lutnick.

Brown told G20 delegates that countries can reap the benefits of AI as long as they remove obstacles to building tech infrastructure. He said he "really enjoyed" a social media post earlier this week in which Trump endorsed a data center project, calling it a source of prosperity.

"This is clearly the bottleneck to all our progress," Brown said. "We are facing severe shortages of electricity and labor, making it hard to meet AI demand."