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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 4:38 PM

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.

Later on Wednesday, Governor Samuel Garcia appeared to

correct the information, with local media reporting he had

clarified that the planned green hydrogen data center investment

would actually come from Mexico's CIPRE Holding and would use

Nvidia ( NVDA ) technology.

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

Leon," the U.S. chip major 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, 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 at the

time.

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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