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.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on cecildaily.com ↗
Keywords
Nvidiaartificial intelligenceGermanyEurope
Open a keyword to see other news on the same topic.
Related tickers and likely impact
NVDA
▲ Likely positiveNvidia
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% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Nvidia CEO urges German manufacturers to adopt AI
Nvidia CEO Jensen Huang, speaking on October 19 with German Chancellor Friedrich Merz at an investment conference in Berlin, urged Germany’s car and industrial machinery makers to quickly adopt AI to “re-engineer” the country’s struggling business model by using its manufacturing data and expertise. He argued that digital technology would not replace manufacturing, that AI would augment rather than replace capabilities, and that “the next wave of AI is physical,” spanning robotics, manufacturing, cars and heavy industry. Huang also urged Germany to take up AI technology while keeping its culture, values and knowledge at home, and said the mittelstand of small and medium-sized firms could benefit. The article notes that Germany’s growth is weighed down by high energy prices after losing cheap Russian gas, competition from China in autos, and excessive red tape, while Europe lags the US in building data centres.
- Nvidia CEO urges German manufacturers to adopt AI , saying digital tech wont replace heavy industry
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.
- Nvidia CEO urges German manufacturers to adopt AI , saying digital tech wont replace heavy industry
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.
- Nvidia CEO urges German manufacturers to adopt AI , saying digital tech wont replace heavy industry
- 3 European AI Factory Automation Stocks Retail Investors Should Watch Now
Nvidia's commitment of nearly €10b to Europe is cited as a reason industrial automation suppliers could benefit. The article profiles three stocks: Instalco, a Swedish installer of electrical, HVAC and control systems with about SEK 10.0b in revenue and a market value near SEK 11.4b, which rolled out Instalco AI in June 2026 to speed up tenders and project administration; Jenoptik, a €2.1b photonics and smart mobility company whose semiconductor order intake improved quarter-on-quarter; and Kontron, an industrial IoT supplier with about €702 million in IoT Software + Solutions revenue, a market value near €1.2b, a 14.4x P/E and a 5.4% profit margin. The piece notes that each company still faces open questions on margins or the semiconductor cycle.
- European Markets Split as DAX Rises 0 . 68 % in Early Friday Snapshot
Early Friday trading showed mixed European markets, with Germany's DAX up 0.68% while London's benchmark fell 0.11% and France's CAC dropped 0.14%, as of 4 a.m. ET (08:00 UTC) on Oct. 16. The article notes these figures reflect only morning trading and do not indicate full-session performance. Separately, Austria's annual inflation rate was 3.6% in September.
Related markets
Latest news
- Bitcoin ETFs just saw their biggest day in a month thanks entirely to BlackRock
U.S. spot bitcoin ETFs took in $526.6 million on Monday, the largest daily net inflow in nearly a month, driven entirely by BlackRock's iShares Bitcoin Trust (IBIT), which pulled in $665.2 million, its biggest daily inflow since Oct. 7 last year, according to SoSoValue data. Fidelity's FBTC lost $83.6 million and Grayscale's GBTC shed $54.9 million, while the remaining funds recorded no net flows. The inflow more than erased last week's $228.5 million of withdrawals, but funds remain about $90.5 million in net outflows for October, according to CoinDesk calculations. Ether funds moved the opposite way, losing $103.3 million in their fourth consecutive session of outflows, with BlackRock's ETHA accounting for $95.4 million of that.
- A Big4 bank cut deposit rates in the morning, then raised them again in the afternoon
VietinBank cut its deposit rates for terms of 6 months and longer on the morning of Oct. 20, then restored them to pre-adjustment levels by the afternoon. Its afternoon rate board showed 3.5% per year for 6 to under 12 months, 5.9% for 12 to under 24 months and 6% for 24 months and longer, versus 3%, 5.4% and 5.5% in the morning. Rates for terms under 6 months stayed unchanged, including 2.1% for 1 to under 3 months and 2.4% for 3 to under 6 months. The move came as banks followed the State Bank of Vietnam's guidance to cut deposit rates by at least 0.5 percentage points for terms of 6 months and longer, and Vietcombank and Agribank were among those reducing rates.
- IVV vs. SPY: Which S&P 500 ETF Is the Better Buy for Long-Term Investors?
The article compares two ETFs that track the S&P 500, iShares Core S&P 500 ETF (IVV) and State Street SPDR S&P 500 ETF (SPY), which have nearly identical holdings. The main difference is the expense ratio: IVV charges 0.03% a year, one-third of SPY's 0.09%, and its distribution yield is about 1.1% versus 1% for SPY. SPY's high liquidity remains valuable for active traders. The article concludes that IVV is the better choice for long-term investors, since lower costs can compound over time.
- Warren Buffett Is Issuing a Stark Warning About the Stock Market. Here's What History Says Comes Next.
Warren Buffett has warned that investors are taking on too much risk, likening the market to 'a church with a casino attached' and saying people have never been in a more gambling mood. The article points to the S&P 500 Shiller CAPE Ratio, which has stayed above 40 since May of this year; historically, the only other time it held above that level for months was during the dot-com bubble, when it peaked around 44 before the bear market began in March 2000. The article notes that 40 is not an automatic trigger for a downturn, and no metric can predict timing. It suggests investors focus on quality stocks with solid fundamentals and be ready to hold them for at least a few years.
- Early Uber Investor Jason Calacanis Predicts Waymo Could Buy Lucid Or Rivian — Calls Its Chinese-Car Optics ‘Really Bad’
Early Uber investor Jason Calacanis predicts Waymo will buy Lucid Group (LCID) or Rivian Automotive (RIVN), arguing that its reliance on Chinese-made Zeekr vehicles creates cost and reputational problems. He says the arrangement is technically not illegal today, but Waymo would need to pay a tariff of over 100%, and it has drawn national-security concerns on Capitol Hill. According to Semafor, Waymo aims to grow its fleet from about 4,000 vehicles to 8,000 by the end of 2026 and 20,000 by the end of 2027, after closing a $5 billion term loan and a $16 billion equity raise this year. Uber has committed to buying at least 35,000 Lucid vehicles, while its Rivian deal starts with 10,000 autonomous R2 SUVs, with rides expected to begin in 2028. Calacanis, who recently bought small stakes in Lucid, Rivian, WeRide (WRD) and Pony.ai (PONY), expects consolidation in the autonomous-driving sector within 24 months.
- Prediction: Oct. 21 Will Be a Huge Day for the Stock Market
The article predicts October 21 could be a pivotal day for the stock market, as Meta Platforms (META) becomes the first of the "Magnificent Seven" tech giants to report third-quarter earnings after the close. In its latest quarter, Meta's total revenue rose 28% to $60 billion, with ad revenue at $59 billion. Investors will be watching whether its capital spending, now about 35% of revenue, is translating into growth. Meta's report could hint at the earnings outlook for other tech giants and set the direction for the S&P 500 in the coming days, with the first trading session after the report on Thursday.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.