In a strategic move, Nvidia, a leader in the graphics card industry, is reportedly considering Vietnam as a potential site for future chip production. Jensen Huang, Nvidia’s CEO, is scheduled to discuss semiconductor collaboration possibilities with the Vietnamese government and local tech firms in Hanoi. This initiative reflects Nvidia’s effort to diversify its supply chain and reduce reliance on traditional partners.
The upcoming meetings in Vietnam will focus on exploring potential partnerships and the sharing of technology between Nvidia and Vietnamese tech companies. An invitation letter to the event hints at efforts to bolster Vietnam’s semiconductor industry and establish Nvidia’s partnership with local firms.
While Vietnam is not primarily known for chip manufacturing, it has already entered the semiconductor landscape, with Intel’s significant test and assembly facility near Ho Chi Minh City. However, Intel’s decision to halt further investment in this facility opens new opportunities for Vietnam to expand its role in the semiconductor sector.
Amidst growing geopolitical tensions, Vietnam is poised to transition from chip assembly to production. A key point of interest is whether Nvidia will agree to share technology with Vietnamese companies. Such a development could mark a significant transfer of technology, enhancing Vietnam’s position in the global semiconductor market.
Major Vietnamese corporations like FPT, Vingroup, and Viettel are expected to participate in the meeting, although details of potential deals remain undisclosed. The Vietnamese investment ministry, organizing the event, has also refrained from commenting.
Many companies are actively seeking to minimize reliance on production facilities in China and Taiwan due to geopolitical risks and the U.S.’s stringent stance against China’s AI, HPC, and semiconductor sectors. Nvidia has already shifted the assembly of its AI and HPC hardware from China, but its chips continue to be made and assembled in Taiwan.
While it’s clear that Nvidia is exploring options to diversify its supply chain further, the specifics of how the company might utilize Vietnam’s capabilities in semiconductor production are yet to unfold.
