Nvidia CEO urges Germany to act on tech decline ahead of Berlin summit

Nvidia CEO Jensen Huang criticized Germany's technological decline ahead of the government's investment summit in Berlin, urging the country to act on its talent. He called the situation painful and suggested European overthinking is a cause. Huang will appear as a star guest at the "Invest in Germany" summit on Monday, where Chancellor Friedrich Merz plans to announce a KI partnership. The government will invest a three-digit million amount, with Nvidia providing engineers and chips and firms like Siemens participating. Germany aims to mobilize private capital, as investments fell 6.4 percent from 2019 to 2025, while rising elsewhere. Huang will also headline Nvidia's GTC Berlin conference from October 20 to 22.