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BRUSSELS — Last month, Nvidia chief Jensen Huang got Europe's full red-carpet treatment from the likes of King Charles, French President Emmanuel Macron and German Chancellor Friedrich Merz. As an alleged Chinese spy scandal engulfs the man running the world's dominant AI microchips producer, potentially awkward questions loom for European leaders in both the public and private sectors who rubbed shoulders and inked deals with Huang. But the silence also reflects the cold economic and strategic reality that Europe has no homegrown alternative to Nvidia.
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