Nvidia's €10b Europe bet puts Instalco, Jenoptik in focus

From there it argues that when governments, Siemens and Nvidia all push industrial AI and autonomous factories at the same time, suppliers of automation, robotics and factory software can find themselves pulled into the slipstream.

Instalco is presented as a physical-layer play — it designs and installs the electrical, heating, ventilation and control systems that AI-driven factories and data-rich buildings rely on. Instalco AI, rolled out in June 2026, can compress tender work and project administration, potentially lifting bid throughput and pricing accuracy. It also hints at an unnamed pressure inside the project portfolio that it says the full narrative unpacks.

Jenoptik is framed through photonics, sensors and smart mobility systems that let automated lines and AI-enabled equipment see, measure and control in real time. Its revenue lines — about €464 million from Semiconductor & Advanced Manufacturing, €242 million from Biophotonics, €195 million from Metrology & Production Solutions and €136 million from Smart Mobility Solutions — are the basis for tying it to the theme. It is explicit that the three names are only a first pass, with 17 more companies surfaced by its screen.