Nvidia announced that it will establish a legal entity in Vietnam to further expand its semiconductor and artificial intelligence business in Vietnam.
Vietnam** has high hopes for the semiconductor industry, and plans to train 50,000 engineers, especially semiconductor chip design professionals, by 2030. And Nvidia is a world-renowned chip design company that has invested about 2US$500 million, the establishment of a legal entity in Vietnam will contribute to the development of Vietnam's semiconductor ecosystem and artificial intelligence. Nvidia CEO Jensen Huang said that he wants to build Vietnam into a second home for the company, establishing a legal entity in Vietnam and improving the local AI infrastructure and human skills. Intel's world's largest chip assembly plant is also in Vietnam, and Vietnam is trying to expand into chip design and even chip manufacturing. Vietnam currently has a number of large chip assembly plants, including Intel's world's largest chip assembly factory, but Vietnam is trying to expand into chip design and even chip manufacturing.
As the world's leading semiconductor and artificial intelligence company, NVIDIA has been committed to driving technological innovation and industrial development. The partnership with Vietnam will help NVIDIA further expand its business in Asia and strengthen cooperation with local companies and institutions.
For Vietnam, the partnership with NVIDIA will bring more investment and technical support to accelerate its development in the field of semiconductors and artificial intelligence. At the same time, it will also help to improve Vietnam's position in the global technology industry chain and attract more multinational companies to invest and set up R&D centers in the region.
The cooperation between NVIDIA and Vietnam is an important initiative that will bring many opportunities and challenges to both parties. We look forward to NVIDIA's legal entity in Vietnam bringing more innovation and opportunities to Vietnam's semiconductor and AI industry, and we also look forward to Vietnam's semiconductor industry reaching a higher level!
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