Shulou(Shulou.com)11/24 Report--

CTOnews.com June 24 news, according to Agence France-Presse, Nvidia CEO Huang Renxun said in an interview that Nvidia is "very likely" to invest in Europe.

According to the report, Huang Renxun praised the business environment in Europe in an interview with the media, saying that expanding the territory in Europe was a great idea. "I would say that the possibility of investing in Europe is very high because Nvidia wants to be a global international company, and who would have thought of a better place to invest," says Mr Huang. "

Huang Renxun made the remarks during a meeting with EU Marketing Commissioner Thierry Breton at Nvidia headquarters in Santa Clara, California. CTOnews.com noted that Breton pointed out after the meeting that artificial intelligence is closely related to computing power, thanks to companies like Nvidia.

By investing in Europe, Nvidia will join TSMC, Intel and other semiconductor giants. The semiconductor manufacturers are also seeking EU subsidies to do business in Europe. According to reports, Nvidia's revenue last quarter far exceeded Wall Street expectations, becoming the first semiconductor company in history with a market capitalization of more than $1 trillion (CTOnews.com Note: currently about 7.19 trillion yuan).

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