Nvidia will invest $10B in Europe’s tech ecosystem

NVIDIA may have halted production of its RTX 5090 GPU, according to hardware leakers. The card, launched at $1999, now sells for $4,000-$5,000 due to memory price increases. Reports suggest AI data centers are buying the consumer version instead of the more expensive RTX Pro GPUs, prompting the halt. NVIDIA faces no direct competition from AMD in this segment.

Nvidia CEO Jensen Huang plans to announce $2B in new European investments next week, aiming to boost the continent's AI-driven economic prospects. The IMF noted AI-related investments have supported some European countries, like the UK, amid geopolitical challenges, though Europe lags in AI technology.

Nvidia CEO Jensen Huang announced plans for $2B in European AI investments, adding to $8B already deployed in the region over the past year. The deals are expected to be unveiled soon.

TSMC may reach its 2027 2nm production target of 110,000-140,000 wafers/month a year early, now aiming for 120,000 wafers/month by 2026 end. Strong demand from NVIDIA, AMD, Apple, and Qualcomm is driving this acceleration, according to reports. Bank of America expects 2nm's revenue contribution to jump from 3% to 11% in Q3.

Nvidia's market share in China's AI chip market fell to 34% in H1 2026, down from 44% YoY, due to U.S. export restrictions. Huawei gained ground, shipping 572,000 AI accelerators, up from 300,000 YoY, capturing 28% market share. China's total AI accelerator shipments reached 2.008 million units, while GPU shipments declined 26% to 991,000. Regulatory policies from both the U.S. and China are driving this shift, with Nvidia's CEO criticizing the restrictions.

Nvidia's (NVDA) AI-chip market share in China fell to 34% in H1 2026, down from 678,000 units sold, a 44% YOY decline. Huawei gained, shipping 572,000 units, capturing 28% of the market. U.S. export restrictions and China's push for local alternatives contributed to the shift, according to IDC data.