Nvidia Corp (NVDA) Stock: CEO Huang's European Tour Sparks Investor Interest

TLDR

Table of Contents

Nvidia stock approached its all-time high of $149.43 as CEO Jensen Huang spoke at GTC Paris conference, with shares trading at $143.80 in premarket
The company announced partnerships with European telecom companies Orange, Fastweb, Swisscom, Telefónica and Telenor to build AI infrastructure
Nvidia partnered with Leibniz Supercomputing Centre and HPE to create the Blue Lion supercomputer using next-generation “Vera Rubin” chips for 2027
The company unveiled its “Climate in a Bottle” AI model that simulates atmospheric conditions at 5km resolution as part of Earth-2 platform
Jupiter supercomputer at German research institute became Europe’s fastest system using Nvidia chips

Nvidia shares edged closer to their all-time high as CEO Jensen Huang delivered his keynote at GTC Paris at VivaTech on Wednesday morning. The stock slipped 0.1% to $143.80 in premarket trading despite several announcements during the conference.

The chipmaker closed 0.9% higher on Tuesday. This move brought shares within striking distance of the record $149.43 reached on January 6.

Huang’s speech focused on the future of AI and the company’s advances in supercomputer development. However, investors appeared to take a wait-and-see approach to the announcements made during the presentation.

The CEO revealed partnerships with major European telecommunication companies. Orange, Fastweb, Swisscom, Telefónica and Telenor will work with Nvidia to build AI infrastructure.

@Siemens and @NVIDIA are accelerating Industrial AI and digitalization to build the factories of the future.
Together we’re empowering industrial companies to leverage comprehensive, AI-powered technology for next-generation factory automation.
➡️ https://t.co/Ov9ZnYp6o3 pic.twitter.com/g4wG77H3p3
— NVIDIA Newsroom (@nvidianewsroom) June 11, 2025

These partnerships will enable the telecom companies to adopt and build agentic AI applications. Nvidia also announced plans to expand its AI platform DGX Cloud Lepton.

The announcements didn’t provide the catalyst needed to push the stock to new highs. Market futures for both the S&P 500 and Nasdaq were down 0.2% during premarket trading.

Supercomputer Partnerships Drive Innovation

Huang’s European tour has been packed with major announcements. Earlier this week, he visited London to announce AI investments in the U.K.

The CEO made a stop in Sweden a week ago. During that visit, the company revealed a partnership with a German research center to develop a supercomputer.

The latest supercomputer deal involves the Leibniz Supercomputing Centre in Germany. Nvidia is teaming up with Hewlett Packard Enterprise to create the Blue Lion supercomputer.

This system will use Nvidia’s next-generation “Vera Rubin” chips. The supercomputer is designed for researchers working on climate, turbulence, physics and machine learning.

Blue Lion is expected to be available in early 2027. HPE stock climbed 1.2% in premarket trading following the announcement.

The partnership builds on earlier news from the Lawrence Berkeley National Lab in California. That facility plans to build a system using the same Nvidia chips next year with Dell Technologies.

Climate AI Takes Center Stage

Nvidia made another announcement that caught attention in the scientific community. Jupiter, a supercomputer using Nvidia chips at German national research institute Forschungszentrum Julich, officially became Europe’s fastest system.

The company also unveiled what it calls its “Climate in a Bottle” AI model. This generative AI model is part of the Earth-2 platform.

The model simulates atmospheric conditions at a fine-grained 5km resolution. It can generate realistic atmospheric states based on time of day, day of the year, and sea surface temperatures.

“Researchers will use a combined approach of classic physics and AI to resolve turbulent atmospheric flows,” said Dion Harris, head of data center product marketing at Nvidia. This technique will allow analysis of thousands more scenarios in greater detail than ever before.

The overall goal is helping European scientific institutions stay competitive against the U.S. These partnerships and technological advances position Nvidia at the center of Europe’s AI infrastructure development.

Nvidia explained the evolution of scientific computing in a statement. “AI is no longer an add-on. Simulation isn’t a silo. Data isn’t parked — it moves. Science is becoming a real-time discipline.”

Analysts maintain a Strong Buy consensus on NVDA with 35 Buy, 4 Hold and 1 Sell ratings. The consensus price target stands at $172.36, implying 20.84% upside potential with the highest target reaching $210.

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