At the inaugural Invest in Germany event in Berlin, Chancellor Friedrich Merz pitched Germany as the only European country with the industrial AI data Nvidia needs, while Nvidia CEO Jensen Huang was guest of honour. Nvidia pledged to back four German start-ups, Agile Robots, Avelios Medical, Mirelo and Reflex Aerospace, as part of almost $10 billion (€8.9 billion) in Europe-wide spending, without disclosing individual investment sizes. Officials declined to give the scale of Germany's investment, though informed estimates put it at several hundred million euro. The article notes that Intel cancelled its $30 billion planned investment in eastern Germany last year, while Merz is trailing in polls.
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NVDA
• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/21/2026 | 221.87 |
| Change that session | +2.49% |
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