President Donald Trump will meet with Nvidia Corp. Chief Executive Officer Jensen Huang at the White House on Friday as the US prepares to tee up tariffs on semiconductors, weighs the fate of a subsidy program and probes whether Chinese AI startup DeepSeek skirted export controls to obtain the chipmakers’ products.

Key Takeaways Nvidia CEO Jensen Huang is set to meet with President Donald Trump at the White House Friday, Bloomberg reported, after a wild week for the chipmaker's stock.Shares have lost over 12% this week after the emergence of a sophisticated,

The meeting comes amid broad anxiety about the success of a Chinese artificial intelligence app called DeepSeek.

OpenAI itself has been accused of building ChatGPT by inappropriately accessing content it didn't have the rights to.

White House AI czar David Sacks alleged Tuesday that DeepSeek had used OpenAI’s data outputs to train its latest models through a process called distillation.

DeepSeek is causing havoc throughout the AI industry. U.S.-based tech companies that have heavily invested in AI saw their stocks take a tumble this week after the China-based startup released a new AI model on par with OpenAI's latest model,