NVIDIA (NASDAQ:NVDA) spearheads Europe’s AI expansion by partnering with Mistral AI, UAE’s MGX and Bpifrance to build a 1.4 GW AI campus in Paris by 2028, with construction kicking off in H2 2026.
The joint venture will deliver a purpose-built intelligence hub supporting model training, inference and full AI deployments across healthcare, energy, finance, mobility and manufacturing, cementing France’s bid for digital and climate sovereignty.
Jensen Huang calls it transformational infrastructure for France built in France, to fuel France in the era of AI, while Mistral’s Arthur Mensch says the campus will unite top-tier expertise and cutting-edge solutions across the entire AI value chain, benefiting companies, public institutions and academia.
The announcement follows Huang’s Computex 2025 reveal of new partnerships and technologies and Nvidia’s recent commitment of 18,000 semiconductors to UAE’s HUMAIN for a 500 MW data center build-out. Layered into this growth story is Bank of America’s bullish take on Nvidia’s NVLink Fusion, which lets data centers mix Nvidia GPUs with third-party CPUs or AI accelerators, effectively expanding NVDA’s addressable market.
Analyst Vivek Arya highlights that NVLink Fusion allows cloud providers to integrate Nvidia’s proprietary interconnect (NVLink) and switches (Spectrum) as chiplets alongside ASICs from partners like Marvell (NASDAQ:MRVL) and Synopsys (NASDAQ:SNPS) or ARM-based CPUs from Qualcomm and Fujitsu.
Arya maintains a Buy rating with a $160 target, noting the full production of rack-scale GB200 NVL72 Blackwell Systems, the enterprise-focused RTX Pro servers challenging x86 dominance, and a broadened AI product portfolio spanning cloud, gaming, robotics and more. He adds that sovereign AI build-outsechoed in the Middle East dealsshould underpin long-term revenue growth for Nvidia and its partners.
Why It Matters: This campus not only reinforces Europe’s AI leadership but showcases Nvidia’s strategic pivot to ecosystem expansion via NVLink Fusion and sovereign partnerships.
Investors will be watching campus construction milestones, NVLink Fusion adoption rates and Q3 product launches for momentum cues.
This article first appeared on GuruFocus.
