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Nvidia denies $1 billion investment in northern Mexico
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Nvidia denies $1 billion investment in northern Mexico
Nov 12, 2025 11:04 AM

MEXICO CITY, Nov 12 (Reuters) - Nvidia ( NVDA ) on

Wednesday denied plans to invest $1 billion in the northern

Mexican state of Nuevo Leon, hours after the state governor

touted the firm's plans to build a data center there.

"Nvidia ( NVDA ) does not have financial investment plans in Nuevo

Leon," the firm said in a statement to Reuters. "The company's

support for digital transformation and technological progress in

Latin America is based exclusively on cooperation initiatives,

research and talent development."

Earlier in the day, Nuevo Leon Governor Samuel Garcia said

in a message shared on social media that Nvidia ( NVDA ) was planning to

spend $1 billion to build a so-called green data center focusing

on artificial intelligence in the state.

Garcia made the announcement in a video message uploaded to

social media, flanked by representatives from Nvidia ( NVDA ).

It was not immediately clear who the Nvidia ( NVDA ) representatives

were or why they did not dispute the governor's claim.

Nvidia ( NVDA ) did not immediately answer a request for

clarification from Reuters on those topics or what the future of

the purported data center was.

The Nuevo Leon state government did not immediately respond

to a request for comment.

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