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

Author: Yang Chen

Nvidia CEO Jensen Huang on Wednesday urged G20 countries to speed up AI infrastructure deployment, warning that overregulation of AI would leave countries falling behind. Meanwhile, the Trump administration used the summit to promote a light-touch AI governance framework to other countries.

Huang stated at the G20 Tech Summit that Nvidia will "invest nearly 1 trillion dollars in US infrastructure this year alone", citing the US regulatory environment and energy policies.

He compared AI to public infrastructures 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 carries major implications for the market. Last week, Nvidia projected a 70% increase in revenue for the next fiscal year, and the stock saw its biggest one-day gain since April 2025 after the announcement. Huang's positive remarks during the summit further reinforced market expectations for continued global AI capital expenditure expansion.

At the time of writing, Nvidia's shares were up more than 4% on Wednesday intraday.

Light regulatory framework introduced, "the worst outcome" for a country is "getting left behind"

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

Reportedly, the document explicitly warns countries not to set up separate regulatory agencies for AI and instead advocates for greater collaboration between government and private enterprise to jointly test emerging technologies.

In a conversation with US Commerce Secretary Howard Lutnick, Huang elaborated on his regulatory position. He stated that the government should regulate "actual and specific harms," rather than "theoretical or hypothetical harms," and stressed that product safety responsibility should be borne by businesses themselves, not government officials.

"The technology is still taking shape," Huang said. "Every company must consciously take responsibility for the safe development of technology."

He also warned that "the worst outcome" a country can face is "getting left behind" and called on the public and policymakers not to let fear of AI dominate the narrative, but to focus on AI's potential to drive economic prosperity.

Tech giants jointly urge for accelerated data center construction

Many tech industry executives spoke collectively at the two-day summit, strongly backing unrestricted AI development. SpaceX CEO Elon Musk attended the event on Tuesday, criticizing the EU's "very high" regulatory standards for stifling growth and advocating a hands-off approach for new industries.

Even Tom Brown, co-founder of Anthropic, known for championing AI safety safeguards, stressed the importance of accelerating global data center construction during his conversation with Howard Lutnick.

Brown told G20 representatives that countries only need to remove barriers to technical infrastructure builds to reap AI benefits. He said he "really liked" President Trump's earlier social media endorsement of data center projects this week, calling them a source of prosperity.

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