Nvidia bets on European AI push amid shrinking China revenue

Nvidia is doubling down on Europe as its sales in China take a hit from U.S. export restrictions. At a tech conference in Paris, CEO Jensen Huang announced plans to build 20 AI factories across Europe and create an "industrial AI cloud" for manufacturers, starting with a major facility in Germany. It’s a clear pivot—while China’s revenue shrinks, Nvidia’s betting big on European demand for AI infrastructure.