Nvidia (NVDA, Financials) Chief Executive Officer Jensen Huang met with Japanese Prime Minister Shigeru Ishiba in Tokyo to call for a major push to expand electricity generation and support the growing needs of artificial intelligence, Bloomberg reported.
Huang said Japan's leadership in robotics and manufacturing puts it in a strong position for AI growth, but warned that building intelligence at scale would require far more energy. He urged Japan to invest in new infrastructure to keep up with rising demand.
Japan is weighing how to support energy-hungry data centers while grappling with the risks of restarting nuclear reactors idled since the Fukushima disaster, according to Bloomberg. The country is also considering a $44 billion investment in a liquefied natural gas project in Alaska as part of trade negotiations with the United States.
The International Energy Agency expects AI infrastructure to trigger the fastest jump in electricity demand seen in years, adding urgency to Japan's energy debate.
Huang's visit comes as Nvidia deals with fresh challenges. Last week, the Trump administration barred the company from selling H20 AI chips to China, escalating tensions with Beijing. Nvidia also warned of a $5.5 billion writedown linked to the new export restrictions, Bloomberg reported.
Meanwhile, a bipartisan U.S. House committee has asked Nvidia for information on its chip sales to Southeast Asia and China, raising concerns that its products may have helped Chinese AI startup DeepSeek develop a breakthrough chatbot.
As AI reshapes industries worldwide, Japan's ability to secure reliable energy could play a crucial role in its future competitiveness.
- CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
- Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
- Double Buys: Companies that both Gurus and Insiders are buying
- Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.
