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.