Europe needs Nvidia and it will take more than a spy scandal to change that
Jensen Huang, the CEO of the American chipmaker, may have been the target of a Chinese espionage operation. Even if this were proven, there is no European alternative to Nvidia.
Nvidia CEO Jensen Huang is facing scrutiny over his relationship with a Chinese woman suspected of being a spy. The scandal has raised questions about the company's ties with European leaders, who have met with Huang and signed agreements with Nvidia. The European Union is heavily dependent on Nvidia's AI chips, and Brussels is aware that it has no local alternative to the company.
The EU has promised to invest in chip manufacturing, but for now, it remains reliant on Nvidia, which has become an indispensable partner in the global AI race.
Written by urgent.news from Politico EU's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.