Nvidia (NVDA) shares closed at $221.30 on Oct. 14, down $7.22, or 3%, as chip stocks led declines in U.S. trading. The stock was trading near $217.86 in premarket activity on Oct. 15, another decline of about 2%.

The move came as Nvidia CEO Jensen Huang discussed AI safety and the company’s approach to supplying technology to AI developers. Speaking with Bloomberg’s Emily Chang in London, Huang was asked whether Nvidia would stop supplying chips to an irresponsible AI developer.

“It’s a hypothetical, but yes,” Huang said. He added that Nvidia would first speak with the company involved. “We don’t run other people’s companies,” he said, while noting that Nvidia’s ability to make such judgments is limited because its technology is general-purpose.

Huang repeated that response during the discussion, emphasizing that the scenario was hypothetical and that Nvidia would engage with the developer before taking action.

The exchange highlights a question that stretches across the AI industry: how much responsibility falls on the suppliers of general-purpose hardware for how their chips are ultimately used. Huang himself noted the limits of any such judgment.

Nvidia Funds UK AI Safety Research

Nvidia is committing $250 million over five years to AI safety research in the United Kingdom. The funding will give researchers access to advanced computing time and support work at institutions including Oxford University and University College London.

The research will examine safeguards and methods for controlling AI agents. Huang is touring Europe ahead of a company event in Berlin, the next scheduled stop in a trip that has kept AI safety at the center of his public remarks. He described concerns about AI safety as part of the growing pains of a rapidly developing industry.

Huang said many young AI companies are “growing incredibly fast” and are still developing the accountability required as they expand. Anthropic CEO Dario Amodei has proposed an industrywide slowdown to address safety concerns, but Huang said he believes AI software can be controlled and used safely — a counterpoint to calls from within the industry for a more cautious pace.

Huang also described some concerns as “self-imposed” and said the industry is doing a “horrible job” of explaining AI’s benefits. He argued that AI itself could help address the risks and called for faster development of monitoring tools, saying, “AI is that monitor.”

Huang Rejects AI Bubble Concerns

Huang also dismissed concerns that the AI industry is in a bubble. He said demand for AI infrastructure would exceed the available supply of components for several years.

Speaking at an event in London, Huang said supply and demand would eventually balance, but stressed that this has not happened yet. Nvidia’s stock was near $217.86 in premarket trading on Oct. 15, following the previous day’s 3% decline to $221.30.

In India, Bharti Airtel Chairman Sunil Mittal urged governments to establish AI rules early. He said AI is developing faster than regulators can prepare and cited warnings from technology founders that their agents “may run rogue.”

Mittal questioned whether governments would “wake up only when an accident happens.” His comments showed the safety debate now reaching beyond AI developers and chipmakers to business leaders pressing governments to act before problems arrive.