Indian high tech getting higher.
From Bloomberg, September 17:
- India making progress in luring high tech into the country
- Firms are making increasingly sophisticated products in India
Lenovo Group Ltd. started building AI servers in India’s south, the latest boon for the rapidly growing country’s push to become a high-tech powerhouse.
The company said Tuesday it has started making the large, powerful computers in Pondicherry, southeastern India, moving beyond products such as laptops and smartphones. The Chinese company will also build out its facilities in the Bangalore region, including a research lab with a focus on artificial intelligence.
Those decisions form part of a broader shift as Lenovo positions itself for an anticipated boom in AI-empowered PCs and devices. The company will invest $1 billion globally over the next two years researching and developing AI platforms and hardware, said Amar Babu, Lenovo’s Asia Pacific president.
Lenovo’s plans also mark another win for India as Prime Minister Narendra Modi tries to attract more technology investment into the country. While India’s tense relationship with China has suffered setbacks in recent years, global tech companies see it as an attractive option to build out operations as Beijing and Washington are mired in a trade war....
....MUCH MORE
Both Michael Dell and Jensen Huang seem to think there may be a place for generative AI enabled PCs going forward, to the point that Huang actually called-out Dell at the March Nvidia lovefest.
Servers too. If interested see:
The video of Huang's keynote - In Nvidia's World, If You (and your company) Don't Have Money You Will Not Be Able To Compete (NVDA)
And:Dell Technologies Stock Collapses, Nvidia Trades Higher (DELL; NVDA)
At the big GPU conference in March NVDA CEO made a point of acknowledging Michael Dell in the audience for Huang's keynote speech. It seems Dell is going to be a player in Nvidia's roll-out of server farms....
