Nvidia CEO Explores Expansion into Vietnam

1 min read
Source: Reuters
Nvidia CEO Explores Expansion into Vietnam
Photo: Reuters
TL;DR Summary

Nvidia CEO, Jensen Huang, expressed the company's intention to establish a base in Vietnam to develop the country's semiconductor industry, considering it an important market. The base aims to attract global talent and contribute to Vietnam's semiconductor ecosystem and digitalization. Nvidia has already invested $250 million in Vietnam and plans to discuss cooperation deals on semiconductors with local tech companies and authorities. Vietnam, with its chip assembling factories, is looking to expand into chip designing and manufacturing amid trade tensions between the US and China. Nvidia has previously partnered with Vietnamese tech companies for AI deployment in various industries.

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