The value of the AI chip giant, which specializes in chips coveted by the artificial intelligence boom, has hovered around $1 trillion in recent weeks.
The CEO of AI chip giant Nvidia said on Friday it was “very likely” that the world’s most valuable chip maker would invest in Europe.
Jensen Huang said expanding in Europe was a “great idea”.
By investing money in Europe, the AI chip giant joins other semiconductor giants such as Intel, which are also seeking new business in the European Union with the help of government subsidies.
“I think it’s very possible, because Nvidia wants to be a global international company. Who can imagine more?” Jensen said.
The value of the AI chip giant, which specializes in chips coveted by the artificial intelligence boom, has hovered around $1 trillion in recent weeks after the company’s most recent quarterly earnings beat expectations.
The CEO said after a meeting with EU chief technology official Thierry Breton at NVIDIA headquarters in Silicon Valley.
“AI is data. AI is algorithms. And AI is computing power,” Bretton said after meeting with Huang.
“We owe our computing power to companies like Nvidia,” he said.
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