Leveraged NVIDIA ETF Jumps Over 4% as Company Plans $2 Billion European Investment Announcement Within a Week

Stock News09:49

The leveraged ETF tracking NVIDIA has climbed more than 4%, reaching HK$180.9 as of the latest update with a gain of 4.36%.

According to market media reports, NVIDIA (NVDA.US) CEO Jensen Huang stated on Tuesday in Paris that the company intends to announce an additional $2 billion investment in Europe within the coming week.

Combined with the $8 billion already invested in Europe over the past year, NVIDIA will further expand its presence in the region. Huang's European tour will also include visits to London and Berlin.

Additionally, Huang announced a new round of funding for four French startups: medical technology company Doctolib, robotics company Genesis AI, business software company Pigment, and Entalpic, which uses artificial intelligence for chemistry and materials research.

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