NVIDIA Places High Stakes on THIS Nation to Drive Its AI Aspirations
The CEO of U.S. chipmaker Nvidia said Monday that the company will expand its partnership with high-tech companies in Vietnam and support the country in training talent to develop artificial intelligence and digital infrastructure.
Nvidia, which has already invested $250 million in Vietnam, has so far partnered with leading technology companies to deploy artificial intelligence in the cloud, automotive and healthcare industries, a White House document released in September showed as Washington upgraded diplomatic ties with Vietnam.
“Vietnam is already our partner because we have millions of customers here,” Nvidia CEO Jensen Huang said at an event in Hanoi on his first visit to the country.
“Vietnam and Nvidia are deepening our relationship with Viettel, FPT, Vingroup and VNG, with whom Nvidia plans to expand its partnership,” Huang said, adding that Nvidia supports Vietnam’s artificial education and infrastructure.
Reuters reported last week that Nvidia was scheduled to discuss semiconductor cooperation agreements with Vietnamese technology companies and officials at a meeting on Monday.
Huang’s visit comes at a time when Vietnam is trying to expand into chip design and possibly chip manufacturing, as trade tensions between the US and China create opportunities for Vietnam in the field.
At Monday’s event, Vietnamese Investment Minister Nguyen Chi Dzung said the country has prepared mechanisms and incentives to attract investment projects in the semiconductor and artificial intelligence industries.
Dzung also asked Nvidia to consider setting up a research and development facility in the country after Huang suggested setting up a base in Vietnam when he met with Vietnamese Prime Minister Pham Minh Chinh on Sunday.
