Why Nvidia stock is up around 2% today

Market Reaction - Nvidia stock increased by approximately 2% as US stocks rebounded following President Trump's comments that alleviated geopolitical concerns regarding Greenland [1] - The rally in Nvidia's stock was part of a broader recovery in global equities, particularly benefiting technology stocks [2] Strategic Insights from Nvidia - Nvidia's CEO Jensen Huang emphasized the importance of artificial intelligence (AI) and robotics for Europe, framing it as a significant opportunity rather than a threat to its manufacturing sector [4] - Huang warned that Europe risks missing its chance to remain globally relevant in the next technological cycle unless it acts swiftly to integrate AI with its industrial capabilities [5] - He noted that Europe's strong industrial manufacturing base is crucial for succeeding in robotics, which requires both advanced algorithms and large-scale production [6] Nvidia's Investment Strategy - Nvidia is shifting its focus towards AI inference, which involves running AI models to generate outputs rather than just training them [7] - The company invested $150 million in AI start-up Baseten, which specializes in deploying large AI models efficiently, as part of a $300 million funding round that values Baseten at $5 billion [7][8] - Analysts predict that the share of AI workloads dedicated to inference will increase from 20%-40% to 60%-80% over the next five years, indicating a growing market for Nvidia's strategic focus [9]