NVIDIA CEO Jensen Huang says China will win AI race
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Nvidia (NASDAQ: NVDA) exercises a tremendous grip over the global artificial intelligence (AI) semiconductor market, and it managed to attain this status over the years by keeping competitors at bay. The company's technological advantage kept it as the go-to provider of AI chips for companies and governments around the globe.
The planned facility in Munich is expected to increase AI computing power in Germany by around 50%, a boost for the European Union as it seeks to catch up to the U.S.
NVIDIA and its partners have showcased a range of artificial intelligence applications for urban development at the Smart City Expo World Congress in Barcelona, demonstrating how AI-driven digital twins,
After years of quiet, solid gains, Nvidia (NASDAQ: NVDA) stock has had a breathless ascent over the three years, climbing nearly 1,400%. It flew past Apple and Microsoft to become the most valuable company in the world, reaching a market value of $4 trillion in July, and it's now in a league of its own as the first $5 trillion stock.
The chipmaker on Wednesday became the first publicly listed company to top $5 trillion in market value, boosted by demand for its AI chips.
Deutsche Telekom and Nvidia are launching an AI cloud for industrial applications in a 1 billion euro ($1.2 billion) partnership that is set to go live in the first quarter of 2026, the German group said on Tuesday.
This AI semiconductor stock has more than doubled so far in 2025, and it can still be bought at an attractive valuation.