Nvidia CEO Jensen Huang, on his first visit to Kazakhstan, said the country could become a major AI computing hub for Europe, citing its energy resources and plans to expand data center capacity. He stressed that nations should develop their own AI infrastructure and adapt the technology to their own languages and cultures. Kazakhstan declared 2026 the Year of Digitalization and Artificial Intelligence and in June announced a $10 billion AI infrastructure plan with U.S.-based AI cloud company Firebird, targeting a computing cluster of 100,000 advanced GPUs; Nvidia intends to invest in Firebird. AI video startup Higgsfield, which has more than 300 staff in Kazakhstan, said Nvidia and investment firm TCV invested in an extension of its Series B round, without disclosing the amount. The Data Center Valley project in Ekibastuz already has 300 megawatts of capacity available and plans to expand to 1 gigawatt, while GK Hyperscale plans a $1.5 billion investment in two hyperscale data centers.
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Nvidiaartificial intelligencedata centersAI investment
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NVDA
▲ Likely positiveNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/22/2026 | 212.28 |
| Change that session | -4.36% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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