With NVIDIA CEO Jensen Huang’s visit to the Middle East, it has been speculated that the focus is shifting towards serving the needs of govt-backed organizations. There, Team Green signed several multi-billion-dollar contracts with state-backed companies. Following these developments, the company appears to be turning its attention to EU. According to the media outlet Handelsblatt, the firm is expected to announce a large-scale AI facility in Germany.
The report highlights that the European Union is eager to narrow the gap in the global AI race, but currently faces a major challenge: NVIDIA is virtually the only viable supplier for advanced AI chips in the region.
Industry sources, including Muhammad Zuhai from wccftech, indicate that Jensen Huang is likely to reveal a large-scale data center project in Germany. This facility is rumored to deploy around 100,000 of NVIDIA’s high-performance chips, each valued at approximately $30,000, bringing the total investment to about $3 billion. This initiative would represent Germany’s largest AI project to date, marking another robust contract for NVIDIA.
Beyond Germany, Huang’s European itinerary includes visits to the UK and Paris. During this tour, NVIDIA is expected to announce a series of projects aimed at expanding AI infrastructure, suggesting that developing AI capabilities in Europe is becoming a central focus for both Huang and the company.
