From Bloomberg, December 11:
Nvidia Corp.’s Chief Executive Officer Jensen Huang sees Vietnam as a potential second home for the Silicon Valley company and it plans to open a legal entity in the Southeast Asian country, according to Vietnamese media.
Huang, speaking at a Hanoi semiconductor and artificial intelligence conference hosted by a Vietnam ministry Monday, said his company will open a design center, the news website VnExpress reported, without giving details about the facility’s technology.
Nvidia has already invested about $250 million in Vietnam, the government’s news website reported on Sunday, citing information from a meeting between Huang and Prime Minister Pham Minh Chinh.
Huang’s visit to Hanoi comes as the Vietnamese government looks for closer diplomatic and economic ties with the US and help in developing the nation’s semiconductor ecosystem....
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