Asked whether the US will lift export controls after trade talks with China in London this week, Nvidia CEO Jensen Huang told CNN’s Anna Stewart in Paris: “I’m not counting on it but, if it happens, then it will be a great bonus. I’ve told all of our investors and shareholders that, going forward, our forecasts will not include the China market.”

Nvidia and AI search firm Perplexity said they are joining hands with model builders and cloud providers across Europe and the Middle East to refine sovereign large-language models (LLMs) and accelerate enterprise AI uptake in local industries.

NVIDIA Corporation NVDA showed off its AI market leadership and growing opportunities for sovereign AI at GTC Paris, an analyst said in a new investor note. The NVDA Analyst: JPMorgan analyst Harlan Sur maintained an Overweight rating on Nvidia with a $170 price target.

French President Emmanuel Macron urges Nvidia and global chipmakers to manufacture advanced semiconductors in France.

CEO Jensen Huang kicked off GTC Paris by unveiling plans for an Industrial AI Cloud in Europe and a network of AI factories to power the next industrial revolution. Warning! GuruFocus has detected 4 Warning Signs with NVDA.

The chip designer pledged to build 20 AI factories on the continent, including a German facility in the works to be equipped with 10,000 GPUs.

Will artificial intelligence save humanity — or destroy it? Lift up the world’s poorest — or tighten the grip of a tech elite? Jensen Huang, the global chip tycoon, offered his opinion on Wednesday: neither dystopia nor domination.