Jen-Hsun Huang, chief executive of NVIDIA (NVDA. O), played down the negative impact of Trump's tariffs, saying there would not be any major losses in the short term. "We have a lot of artificial intelligence to build," Huang said in an interview. "Artificial intelligence is the foundation, the future operating system of every industry. Partners are working with us to bring manufacturing to the United States. The impact of tariffs will not be very large in the short term."