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Nvidia looks at Europe

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Nvidia is “extremely likely” to invest in Europe, CEO Jensen Huang told reporters following a meeting with European Commissioner Thierry Breton. “The reason for that is Nvidia would like to be a global international company and what a better place to invest [than Europe],” he said. Propelled by the recent AI surge, the stock of the fabless has rallied recently to become the world’s most valuable chipmaker. Its activities in Europe are currently mostly limited to sales and support.

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