Undeterred by export controls imposed by the Trump administration, the chipmaker has climbed up the Forbes Global 2000 ranking.

What will be Nvidia's next move? After the explosive growth of the past few years, will the pace now slow? We may answer those questions thanks to a clue from the company itself. Nvidia recently made an unobtrusive -- and what may even seem ordinary maneuver -- but my prediction is it could signal a big growth move ahead.

Nvidia's expansion across Europe comes amid partnerships with a number of European firms, including Mistral AI, Orange, Swisscom, Telefónica and Telenor. Though confirmed in an Nvidia press release, many of the infrastructure expansions rely on local partnerships.

The pressure has also heightened the need to dramatically increase the size of investment in data center and energy infrastructure to support what’s next.

Nvidia has left little room for other chipmakers to make a dent in the AI chip market. So, investors looking for another company with the ability to become a leading player in its market and deliver healthy stock price upside in the long run should consider Meta Platforms ( META -1.19%) for their portfolios.

Nvidia CEO Jensen Huang announced several AI infrastructure partnerships throughout Europe at GTC Paris on Wednesday

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.

French President Emmanuel Macron aims to make France a global chip hub by targeting 2nm chip production and expanding AI infrastructure with Nvidia and Mistral.

NVIDIA has unveiled its new roster of partnerships with UK institutions at London Tech Week. These partnerships include providing two cloud companies with its GPUs, opening a new training centre, and building a platform for testing financial technologies powered by artificial intelligence.