Nvidia Accelerates Global Growth, Eyes AI Chip Development in India and Expansion in Thailand

Nvidia Corp is experiencing significant stock growth, largely driven by the rising demand for artificial intelligence technology. Notably, Beth Kindig of I/O Fund estimates that Nvidia could achieve a market valuation of $10 trillion by 2025.

As part of its strategic expansion, Nvidia is focusing on new markets, with India and Thailand being key targets for establishing local semiconductor supply chains.

In a collaborative effort, Nvidia has proposed working with India to develop a custom AI chip that would utilize the country's advanced chip design capabilities. These discussions gained traction during a recent meeting between Nvidia’s CEO Jensen Huang and Indian Prime Minister Narendra Modi.

According to reports, this partnership is in its initial stages, aiming to create a chip specifically aligned with India’s unique needs. Government officials are currently evaluating the potential costs, benefits, and applications, including enhancing Indian Railways' safety system, known as Kavach.

The envisioned custom AI chip is expected to bolster initiatives from Indian startups, businesses, and public sector projects as part of the government’s broader AI objectives.

Nvidia’s collaboration with Indian partners could potentially involve industry leaders such as Advanced Micro Devices, Inc and Arm Holdings plc for core chip architecture, while organizations like the Centre for Development of Advanced Computing (C-DAC) would tailor the final product for local requirements.

Huang has expressed the importance of this partnership, highlighting the goal of creating value within India utilizing domestic resources rather than relying on data exports.

Additionally, Nvidia is turning its attention to investments in Thailand, taking inspiration from companies like Google and Microsoft as Southeast Asia positions itself as a central hub for AI data centers and manufacturing.

Thailand's Commerce Minister, Pichai Naripthaphan, confirmed Nvidia's plans during Huang’s visit to Bangkok in December. The minister anticipates Nvidia's entry will attract substantial investments from related sectors.

In recent times, Thailand has already secured billions in investments from major tech firms, including Amazon, Google, and Microsoft, focusing on data centers and cloud infrastructure development.

Nvidia's stock has experienced remarkable growth, surging over 233% in the past year. Investors looking to gain exposure to Nvidia's performance may consider financial products such as the SPDR S&P 500 ETF and iShares Core S&P 500 ETF.

Recent Price Movement: As of the latest update, NVDA shares have decreased by 0.21%, trading at $143.41.

Nvidia, AI, Expansion