April 12, 2024

INDIA: Prime Minister Narendra Modi just lately engaged in a extremely productive assembly with Jensen Huang, the CEO of NVIDIA, a number one American semiconductor powerhouse. 

The encounter, which delved into the promising prospects of Synthetic Intelligence (AI) in India, has ignited hypothesis about NVIDIA’s potential funding in a producing plant on Indian soil.

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Taking to social media to share the information, Prime Minister Modi posted photos of their dialogue. He went on to say Huang’s appreciation for India’s strides in AI and its gifted youth.

The assembly has raised eyebrows within the tech world, with trade consultants suggesting that NVIDIA may be considering establishing a producing facility in India. 

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Whereas NVIDIA doesn’t manufacture its semiconductors, it designs GPU dies and oversees the manufacturing course of, which is usually carried out by semiconductor producers like TSMC. 

This growth aligns with India’s emphasis on self-sufficiency, encouraging tech firms to provide elements and gadgets inside the nation.

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India’s ample pool of AI expertise and quite a few AI-focused software program growth studios additional bolster its enchantment to NVIDIA. The corporate first ventured into India in 2004, with a base in Bangalore, and presently operates engineering growth centres in Gurugram, Hyderabad, Pune, and Bengaluru. These centres make use of over 3,800 professionals, whereas over 320,000 Indian builders take part in NVIDIA’s developer program.

NVIDIA’s CUDA parallel programming platform enjoys widespread reputation in India, with roughly 40,000 month-to-month downloads and an estimated 60,000 skilled CUDA builders within the nation.

Financially, NVIDIA has been thriving, reporting spectacular income of $13.51 billion for Q2 2023, a 101% enhance from the earlier yr. The earnings per diluted share for a similar quarter have been $2.48, marking an astounding 854% enhance from the earlier yr.

This high-profile assembly marks the second encounter between Modi and Huang, underscoring NVIDIA’s important position in India’s burgeoning expertise panorama. 

The timing is noteworthy, occurring only a week after India’s historic lunar touchdown and showcasing the nation’s increasing technological capabilities.

Following the Modi assembly, Jensen Huang had the chance to attach with researchers from famend Indian establishments in science and expertise throughout a casual dinner, additional solidifying NVIDIA’s presence and collaboration potential in India’s quickly evolving tech trade.

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