Nvidia CEO Jensen Huang, speaking Monday with German Chancellor Friedrich Merz at an investment conference in Berlin, urged German carmakers and industrial machinery makers to quickly adopt AI to “re-engineer” their struggling business model using their manufacturing data and expertise. He said digital technology would never replace manufacturing, since “electrons will never replace atoms,” and that AI can only augment capability. Huang advised Germany to use AI while keeping the technology, data and knowledge at home rather than exporting its culture and values. The backdrop is a German economy that has nearly stagnated since the pandemic, weighed down by high energy prices after losing cheap Russian gas, Chinese competition in autos, and excessive red tape.
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Related tickers and likely impact
NVDA
• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/19/2026 | 217.09 |
| Change that session | +1.38% |
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Nvidia CEO Jensen Huang urged Germany's carmakers and industrial machine makers to adopt AI quickly to re-engineer the country's struggling business model, using its manufacturing data and expertise. Speaking on Monday with Chancellor Friedrich Merz at an investment conference in Berlin, he argued that digital technology would not replace manufacturing, saying 'electrons will never replace atoms', and that AI would augment rather than replace capabilities. Germany's growth is weighed down by high energy prices after losing cheap Russian gas, competition from China and excessive red tape, while Europe lags the U.S. in building data centers. Huang also urged Germany to import AI technology but not export its culture, values or knowledge, a message that addresses European concerns about U.S. legal access to data held on U.S.-owned servers.
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Nvidia CEO Jensen Huang urged Germany’s car and industrial machinery makers to quickly adopt AI to “re-engineer” the country’s struggling business model, using its manufacturing data and expertise. He said digital technology would never replace manufacturing and engineering, and that AI can only augment human capability, adding that “electrons will never replace atoms.” Speaking with Chancellor Friedrich Merz at an investment conference in Berlin, Huang called physical AI, including robotics, manufacturing, cars and heavy industry, the next wave, and urged Germany to import AI technology while keeping its data, culture and knowledge at home. Merz and Huang see AI as an opportunity for the Mittelstand, even as Germany faces high energy prices, Chinese competition and excessive red tape.
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