Today: 29/02/2024 18:25:50 (GMT+7)

Nvidia CEO aims to set up a base in Vietnam

Nvidia wishes to establish a base in Vietnam to develop the country's semiconductor industry as it considers the Vietnamese market an important one, the Vietnamese government said, citing the U.S. chipmaker's chief executive.

In his first visit to the Southeast Asian country, Nvidia's CEO, Jensen Huang, said the company viewed Vietnam as its home and affirmed its plans to set up a center in the country.

Nvidia CEO, set up a base, Vietnam, semiconductor industry, Vietnamese market, important one,  U.S. chipmaker, leading tech companies

Prime Minister Pham Minh Chinh shakes hands with Nvidia President and CEO Jensen Huang.

"The base will be for attracting talent from around the world to contribute to the development of Vietnam's semiconductor ecosystem and digitalization," the Vietnamese government statement cited Huang after his meeting with Prime Minister Pham Minh Chinh.

Nvidia, which has already invested $250 million in Vietnam, is set to discuss cooperation deals on semiconductors with Vietnamese tech companies and authorities in a meeting on Monday, Reuters reported on Friday.

Vietnam, which is home to large chip assembling factories including Intel's biggest globally, is trying to expand into chip designing and possibly chip-making.

The chipmaker has already partnered with Vietnam's leading tech companies to deploy AI in the cloud, automotive and healthcare industries, a document published by the White House in September showed when Washington upgraded diplomatic relations with Vietnam.

Vietnam has necessary conditions, factors to develop semiconductor industry
In the near future, Vietnam will become a reliable partner and an important link in the global semiconductor manufacturing and supply chains, according to Minister of Planning and Investment Nguyen Chi Dung.
Japan seeks Vietnam partnership in semiconductor, rare earth projects
Japan Minister of Economy, Trade and Industry Nishimura Yasutoshi has urged Vietnam to partner in semiconductor manufacturing, artificial intelligence research, and rare earth mining.
Vietnam hastens workforce training for semiconductor industry
Though bringing in billions of USD in revenue, the Vietnamese semiconductor industry is still facing a host of challenges, especially the shortage of a skilled workforce.
Ministry, institutions move to develop high-quality semiconductor manpower
The Ministry of Education and Training (MoET) and educational institutions are working to promote the training of human resources for the semiconductor industry, which now has great demand for high-quality manpower.
Vietnam Semiconductor Innovation Network launched
The Vietnam Semiconductor Innovation Network made its debut on October 29 within the framework of the Vietnam Semiconductor Summit.

Source: VnExpress

Nvidia CEO, set up a base, Vietnam, semiconductor industry, Vietnamese market, important one, U.S. chipmaker, leading tech companies
New comment has just been added. Click here
Sort:NewBest News