23-10-2024 (BANGKOK) American semiconductor powerhouse Nvidia is poised to make substantial investments in Thailand, with plans to transform the kingdom into a regional hub for artificial intelligence and data centre operations.
Commerce Minister Pichai Naripthaphan has revealed that the world’s leading designer of graphics processing units (GPUs) is following the investment trajectory of other tech behemoths such as Amazon, Google, and Microsoft, who have already established significant presence in the country.
The announcement gains additional weight with the scheduled visit of Nvidia’s chief executive officer, Jensen Huang, to Bangkok this December. During this visit, the company is expected to unveil detailed plans for its Thai investment strategy, marking a potential watershed moment for Thailand’s technological infrastructure.
While specific investment figures remain under wraps, the development is being viewed as a potential catalyst for broader industry growth, with Minister Naripthaphan suggesting that Nvidia’s entry could trigger a domino effect, attracting various supply chain partners to consider Thailand as their next investment destination.