Nvidia offers to jointly develop chip with India

Nvidia offers to jointly develop chip with India
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According to sources familiar with the situation, Nvidia is considering collaborating on the development of a chip with India. The company aims to harness India’s exceptional semiconductor design expertise and capitalize on the expansion of this market.

During a meeting in the US earlier this year, Prime Minister Narendra Modi received a proposal from Jensen Huang, the CEO and founder of the world’s second most valuable company. Nvidia’s market value has significantly risen due to the crucial role its graphics processing unit (GPU) chips play in fueling the ongoing artificial intelligence (AI) boom in the tech sector. Ashwini Vaishnaw, the union minister for electronics and IT, confirmed the discussions with Nvidia about advancing AI technology.

Authorities have indicated that Nvidia is keen on leveraging India’s extensive chip design expertise to create a chip tailored specifically for the Indian market. One official mentioned, “The government is presently deliberating the specifics including pricing, advantages, and potential applications of this collaborative chip.

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