NVIDIA CEO Jensen Huang: Kazakhstan's Ekibastuz Data Center Valley could generate $1 trillion in economic activity

NVIDIA founder and CEO Jensen Huang said Kazakhstan's Data Center Valley project in Ekibastuz could attract up to $250 billion in investment and generate $1 trillion in economic activity. Speaking in an interview with journalist Adil Baltabayev, reported by Qazinform News Agency, Huang said 300 megawatts of power capacity have already been allocated to the project.

The long-term plan envisions expanding the data center infrastructure to five gigawatts. Huang said each gigawatt is worth $50 billion and cited Deputy Prime Minister Madiyev's declaration that the valley will eventually reach five gigawatts. He added that investment could grow far beyond the initial several billion dollars over time.

Huang praised President Kassym-Jomart Tokayev's vision of transforming Kazakhstan into an AI nation. He highlighted the country's natural resources, human capital and strong foundation in science, technology and mathematics as key advantages. Earlier, during an October 23 meeting with Tokayev, Huang proposed turning Kazakhstan into a global hub for Physical AI.