Zinger Key Points
- Nvidia sees huge AI opportunities across Asia, with India's multilingual data fueling AI advancements, VP Masataka Osaki shared
- Osaki noted AI's role in boosting efficiency in Asia's manufacturing, logistics, and retail sectors through data analytics at a recent forum
- Get Monthly Picks of Market's Fastest Movers
Nvidia Corp NVDA noted vast opportunities in AI-driven businesses across Asia, especially in multilingual India, Vice President of Worldwide Field Operations Masataka Osaki told Nikkei Asia on Monday.
Osaki flagged Asian countries’ diverse languages and cultures, producing immense data that can be transformed into AI tailored for each region, during an interview at the Global Management Dialogue, a forum organized by Nikkei and Swiss business school IMD.
He added that AI-powered data analytics would enhance manufacturing, logistics, and retail efficiency.
Nvidia is expanding AI partnerships in India, with CEO Jensen Huang announcing collaborations with Indian tech giants like Infosys, TCS, Tech Mahindra, and Wipro to accelerate AI adoption, create jobs, and train nearly 500,000 developers.
Nvidia is also working with Reliance to develop a 1-gigawatt AI infrastructure center in Gujarat, leveraging India’s vast IT ecosystem to support next-gen applications.
Additionally, Nvidia is scaling data center capacity with Yotta Data Services and Tata Communications, increasing its GPU deployment in India almost tenfold within 18 months to meet growing demands across industries.
Nvidia’s move reflects its geographical diversification as the U.S. aggressively enforces its semiconductor technology embargo against countries like China.
On Friday, Nvidia briefly overtook Apple Inc AAPL to become the world’s most valuable company. Nvidia’s market cap reached $3.53 trillion, surpassing Apple’s $3.52 trillion.
The shift reflects Nvidia’s stock surge, fueled by record demand for AI supercomputing chips. Russ Mould, investment director at AJ Bell, noted that as more companies adopt AI in daily operations, demand for Nvidia chips stays robust.
According to Bank of America analyst Vivek Arya, Nvidia will be a crucial beneficiary of the tech giant’s artificial intelligence spending in 2025.
Nvidia stock surged over 243% in the last 12 months. Investors can gain exposure to the stock through Vanguard Total Stock Market ETF VTI and Vanguard Growth ETF VUG.
Price Action: NVDA stock is down by 0.62% at $140.67 at the last check on Monday.
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