Nvidia, the world’s most valuable chip maker, is reportedly considering investing in Europe, according to its CEO, Jensen Huang. Huang stated that expanding in Europe is a “great idea” and that it aligns with Huida’s goal of becoming a global international enterprise. Other semiconductor giants, such as Intel, are also looking to start new businesses in the European Union (EU) with the support of government subsidies.
Huida’s revenue in the last quarter exceeded expectations, and its market value has remained around $1 trillion for several weeks. The company specializes in chips that are in high demand in the artificial intelligence industry.
Huang Renxun made these remarks after meeting with EU Internal Market Commissioner Thierry Breton at Huida’s headquarters in Silicon Valley. Breton emphasized the importance of companies like Huida in the field of artificial intelligence, stating that computing power should be attributed to companies like Huida.
Investing in Europe would provide Huida with new opportunities and further strengthen its position in the global market. The move would also contribute to the growth of the European semiconductor industry and foster technological advancements in the region.
As Huida continues to thrive and expand, its investment in Europe would not only benefit the company but also contribute to the overall development of the semiconductor industry and the economy as a whole.
Further reading:
– AMD released the AI chip MI300X, and the stock price fell! Competitor Huida’s market value officially breaks trillion.
– NVIDIA’s market value surpasses Berkshire’s 5th in the United States, Huang Renxun’s net worth soared by 98% this year.
– The most expensive in European history! Intel’s 1 trillion new semiconductor plant investment project signed, the German government promised to subsidize 1/3.
Source: [Chuosha Shang Yi](https://www.cna.com.tw/news/afe/202306240096.aspx) (Authorized to reprint)
What potential benefits could Nvidia’s investment in Europe have on the growth of the European semiconductor industry and technological advancements in the region
Nvidia, the world’s most valuable chip maker, is reportedly eyeing an investment opportunity in Europe, according to its CEO, Jensen Huang. Huang believes that expanding in Europe would be a “great idea” and aligns with Nvidia’s goal of becoming a global international enterprise. This move comes as other semiconductor giants, like Intel, also consider starting new businesses in the European Union (EU) with the help of government subsidies.
Nvidia has been on a successful streak, with its revenue in the last quarter surpassing expectations and its market value holding steady at around $1 trillion for several weeks. The company specializes in chips that are highly sought after in the artificial intelligence industry.
Huang’s remarks came after a meeting with EU Internal Market Commissioner Thierry Breton at Nvidia’s headquarters in Silicon Valley. Breton highlighted the significance of companies like Nvidia in the field of artificial intelligence, emphasizing that computing power should be attributed to companies of this nature.
Investing in Europe would present Nvidia with fresh opportunities and further solidify its position in the global market. Moreover, this move would contribute to the growth of the European semiconductor industry and foster technological advancements in the region.
As Nvidia continues to thrive and expand, its investment in Europe would not only benefit the company but also play a significant role in the overall development of the semiconductor industry and the economy as a whole.
It’s exciting to see Nvidia’s commitment to investing in Europe and expanding its semiconductor business. With CEO Jensen Huang at the helm, I have no doubt that this move will bring immense opportunities and growth, benefiting both the company and the region. Looking forward to witnessing the positive impacts unfold!