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.

Nvidia CEO Jensen Huang is set to meet with President Donald Trump at the White House Friday, after a wild week for the chipmaker's stock.

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

Jonathan Ross, chief executive of Groq, an AI computing company that hosts AI models in its cloud, has taken the step of blocking all Chinese IP addresses from accessing its cloud to block Chinese firms from allegedly piggybacking off the AI models it hosts.

Top White House advisers this week expressed alarm that China's DeepSeek may have benefited from a method that allegedly piggybacks off the advances of US rivals called "distillation."

Deepseek collects similar data to American-based AI models, but Chinese laws could make that data more accessible to the government.