Nvidia to invest $1B in Mexican data center

[Nvidia Corporation building in Taipei, Taiwan.]
BING-JHEN HONG

* Nvidia (NVDA [https://seekingalpha.com/symbol/NVDA]) will invest $1B in a green data center in Nuevo León, Mexico, the state's governor said [https://x.com/samuel_garcias/status/1988648809098789003?s=20] on Wednesday.
* The investment will bring Nvidia, or “the most important company in software and Artificial Intelligence,” to the region, Nuevo León governor Samuel Garcia said in a post on X, announcing the investment.
* Garcia added that he has instructed the secretary of economics for the Mexican state to create an office focused on investment, innovation and AI to attract additional companies and projects.
* Nvidia shares fell fractionally in Wednesday trading.

MORE ON NVIDIA

* Nvidia: Global Alliances Are A Potential 'Liberation' From U.S. AI Cycles [https://seekingalpha.com/article/4841840-nvidia-global-alliances-are-a-potential-liberation-from-us-ai-cycles]
* Nvidia Is Due For A Correction: Buying Interest Fading (Technical Analysis) [https://seekingalpha.com/article/4841784-nvidia-is-due-for-a-correction-buying-interest-fading-technical-analysis]
* Nvidia's Q3: Poised For Another Blowout (Rating Upgrade) [https://seekingalpha.com/article/4841226-nvidias-q3-poised-for-another-blowout-rating-upgrade]
* Bulls vs. Bears: What's ahead for NVDA as earnings data looms [https://seekingalpha.com/news/4520420-bulls-vs-bears-whats-ahead-for-nvda-as-earnings-data-looms]
* Nvidia, Micron lead chip stocks lower while broader market shows mixed sentiment [https://seekingalpha.com/news/4520033-nvidia-micron-lead-chip-stocks-lower-while-broader-market-shows-mixed-sentiment]