Germany Confirms Its Nvidia AI Deal: Will Any of Huang’s $2 Billion Europe Pledge Land in Berlin?

Taiwan plans to invest up to $4 billion in a Texas industrial park to support AI hardware makers like Nvidia. The initiative, involving partners such as TSMC and Foxconn, aims to establish a US supply chain. Taiwan's government will provide funding and support for smaller suppliers. The project is part of a broader effort to strengthen US semiconductor supply chains and mitigate geopolitical risks.

Taiwan plans to add AI servers and advanced semiconductors to its export control list, affecting shipments to China. NVIDIA (NVDA) and Super Micro Computer (SMCI) are involved, with the latter facing more compliance scrutiny. NVIDIA's China revenue fell 63% YoY, and its stock trades at 18x forward earnings. The new law aims to curb gray-market shipments.

Tech analyst Dan Ives maintained an Outperform rating on Nvidia (NVDA) with a $300 price target, citing strong AI chip demand and a 70% revenue growth forecast for 2028. NVDA shares are down 0.5% premarket, trading at $216.26, 47.3% below its GF Value™ of $410.37, indicating undervaluation. The company's GF Score™ is 95, reflecting strong financial health and growth potential.

CoreWeave's stock rose 5.9% to $69.69 after a co-founder mentioned fundraising efforts. Its 5-year debt default risk surged to 1,194.5 basis points, with a 60% default probability in 5 years, per Bloomberg. Global AI infrastructure spending concerns weighed on semiconductor stocks, with the PHLX Semiconductor Index down 9% this week.

Nvidia launched RTX Spark laptops on Friday, designed to run AI agents locally. These laptops use a superchip combining a Blackwell RTX graphics chip and a Grace processor, offering up to 128GB of memory and 1 petaflop of AI performance. Nvidia also released Nemotron 3.5 Bolt, a 74B-parameter AI model, and partnered with Adobe, Microsoft, and MediaTek. Prices start at $2,599, with models from ASUS, Dell, HP, Lenovo, Microsoft, and MSI.

Germany plans to announce an AI partnership with Nvidia next week, according to Handelsblatt. The deal, to be presented by Chancellor Friedrich Merz and Nvidia CEO Jensen Huang, involves hundreds of millions of euros for AI cloud computing and engineering support. Participating companies include Siemens, Audi, and Black Forest Labs. The goal is to advance industrial AI, such as robotics and self-driving cars, with funding possibly from a research fund.