Calay News
The CEO of Nvidia, the US Artificial Intelligence (AI) giant, has expressed his high likelihood of investing in Europe. Jensen Huang mentioned that investing in Europe was an excellent idea and highlighted Nvidia’s desire to become a global and international company.
Following in the footsteps of other semiconductor giants such as Intel, which plans to launch new businesses in the European Union (EU) with public support, Nvidia believes that Europe would be an ideal place to invest. Huang highlighted the advantages the region offers for an international company like Nvidia.
Recently, the chipmaker surpassed the impressive $1 trillion market capitalization mark. This was due to better-than-expected financial results and an exceptional forecast for the second quarter. These achievements further support Nvidia’s ability to expand and explore investment opportunities in other regions, such as Europe.
The meeting between Huang and European Commissioner Thierry Breton, who is in charge of digital affairs, took place at Nvidia’s headquarters in Silicon Valley. Breton stressed that AI is based on data, algorithms, and computational power and recognized Nvidia as a leading company in this field.
Huang’s statements reinforce Nvidia’s interest in expanding internationally and taking advantage of opportunities in the European market. If the investment in Europe finally materializes, it would be a significant step for Nvidia and could contribute to the development and adoption of cutting-edge technologies in the region.
