Nvidia delegation to explore opportunities in Vietnam

The Nvidia Corporation delegation, led by vice president Keith Strier, will survey locations in Hanoi, Ho Chi Minh City, and Danang.

During the working trip, Nvidia leaders will work with representatives of various businesses and institutions from each of the three cities on three pipeline projects. The chipmaker is looking to establish an AI research and development and training centre in Vietnam alongside the installation of supercomputer systems. The company also plans to transfer part of the production of graphics processing units (GPUs) for supercomputers to Vietnam.

The delegation will also join four working sessions with the Management Board of Saigon High-Tech Park, the Vietnam National University - Ho Chi Minh City, and CMC Technology Group.

They will also have a meeting with leaders of Ho Chi Minh City People's Committee to discuss potential investments in the semiconductor industry in the southern hub.

The move follows the working visit of Nvidia's chairman and CEO Jensen Huang to Vietnam last December. During a meeting with Vietnamese Prime Minister Pham Minh Chinh, Huang articulated Nvidia’s vision.

"Establishing a foothold in Vietnam is crucial for fostering innovative startups and developing cutting-edge technology in supercomputing and software. We are excited to be part of Vietnam's journey towards technological advancement," Huang said.

Nvidia is a multinational corporation specialising in the production of innovative GPUs, application programming interfaces for data science and high-performance computing, and system-on-chip units for mobile computing and the automotive market.

The company has more than 27,000 employees, and recently recorded revenue of nearly $27 billion. With the popularity of AI applications soaring globally, Nvidia has plans to triple its AI production this year.

Source: Vietnam Investment Review