Nvidia's Jensen Huang Meets Japanese PM To Discuss AI's Growing Energy Needs

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On Monday, Nvidia Corp NVDA chief Jensen Huang met with Japanese Prime Minister Shigeru Ishiba to canvass more electricity to power artificial intelligence’s needs.

Huang and Ishiba discussed how Japan is particularly positioned well to develop AI, given its leadership in robotics and industrial manufacturing. They acknowledged the importance of electric energy generation and new infrastructure to power their AI ambitions, Bloomberg reported, citing Huang.

Also Read: Foxconn Eyes Nissan, Mitsubishi In Japan EV Push To Counter China’s Growing Auto Threat

However, Huang also said that generating and creating intelligence will need energy.

Huang visited Beijing last week. Meanwhile, U.S. President Donald Trump shared plans to prohibit Nvidia from selling H20 AI chip to China amid intensifying geopolitical tensions spurred by U.S. blacklisting of Chinese companies like Huawei Technologies, semiconductor sanctions restricting China’s access to advanced semiconductor technologies, and a tariff war between the countries.

Last week, Nvidia warned of a $5.5 billion writedown from the newest U.S. chip embargo.

Redburn Atlantic analyst Timm Schulze-Melander named Nvidia a ‘top pick,’ citing investments in leading-edge AI and chipmaking.

Recent reports indicated Dutch advanced chipmaking equipment supplier ASML Holdings ASML plans to quintuple its Japan-based maintenance staff for the machines. Japan continues bolstering its advanced semiconductor technology position, as in the U.S., Europe, and China.

Japanese multinational investment holding company Softbank Group Corp SFTBF SFTBY is also weighing a loan of up to $16.5 billion to finance its U.S. AI ambitions.

Price Action: NVDA stock is down 3.32% at $98.12 at the last check on Monday.

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Photo by glen photo via Shutterstock

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