Nvidia (NASDAQ:NVDA) just achieved major success in Vietnam, and it’s turning heads. CEO Jensen Huang signed a deal to build an AI research and development center and an advanced data center in Hanoi. This isn’t just an expansion move, it’s a power play. With Vietnam aiming for $100 billion in annual semiconductor revenue by 2050, Nvidia’s move could be the rocket fuel the country needs to cement its place in the global AI game. And let’s not overlook the acquisition of VinBrain, Vingroup’s medical AI startup. Huang called it the starting point for a future design center, indicating that this is not a one-off, but the start of something big.
This partnership is part of Nvidia’s blitz in Southeast Asia. Earlier this week, Huang was in Thailand, discussing AI infrastructure with their Prime Minister, as Malaysia looks to raise billions for new data centers. But Vietnam? It’s clearly the crown jewel. Nvidia has already invested $250 million in this, and tech heavyweight FPT is planning a $200 million AI factory using Nvidia’s technology. Prime Minister Pham Minh Chinh aims for clean energy, AI-powered industries and a thriving digital ecosystem. As Huang put it, Vietnam’s data is not just data; it is a natural and national resource.
For investors, the message couldn’t be clearer: Vietnam is becoming the AI ​​nerve center of Southeast Asia, and Nvidia is at the heart of the action. The stakes are huge, not just for Vietnam, but also for Nvidia’s dominance in AI. If you’re looking for the next big thing in tech racing, this is it. Huang calls this Nvidia Vietnam’s birthday and it’s not just symbolic; it’s a bold claim that this partnership is the start of something transformative.
This article first appeared on GuruFocus.
