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This Southeast Asia 500s The fastest growing company can thank the AI boom for fast upgrading. Generative AI, an increase in investment in data centers that provide infrastructure for data storage, development and dissemination, key to AI applications.
Malaysia won an important share of this investment, attractive Google, Oracle and Microsoft’s over the last 18 months of a billion deals.
And this hype, including some of the hype, has increased the fortune of some Malaysian companies NationAn electronics manufacturer of production services.
The company is high enough to accommodate 5.27 billion Malaysian Ringgiti ($ 1.6 billion), last year in Southeast Asia Southeast Asia 243.
NationGate also earned $ 342 million, a year ago, a year ago, gained a 163% increase.
The company’s information computing segment contributed 88% compared to 17% in 2023 this year, counted most of his income. NationGate also works with automobiles and telecommunications sectors.
More than half of the country’s revenues from Malaysia are coming; Other Third comes from Singapore. The two countries are undoubtedly the information center of Southeast Asia.
One of the main enterprises of the nation collects AI products. And there is a major advantage in this space Nvidia Only original equipment production partner in Southeast Asia. This means that NiteGate is the only company of the region, which gathers NVIDIA’s highly searchable graphic processing units (GPU) AI servers. Nvidia’s GPUS is the most commonly used in high performance AI applications.
NationGate sees “great potential” in the AI and entering the AI server manufacturer, both in Southeast Asia and world-scale information center investments will increase annual annual growth annual.
AI BOOM also brings risks.
Both Malaysia and Singapore have faced inspection due to allegations of channels for US chips to leave both countries to the United States. In particular, China officials say that China’s launch of the EU has eliminated USD, US export control measures with third parties in Singapore.
In March, K Shanmugam, the Minister of Singapore and House of Household, gossip The servers with controlled chips were sent to Malaysia in the United States. Following this claim, Malaysian Trade Minister Tengku Zafrul Abdul Aziz said that the authorities promised to take the necessary measures against local companies engaged in fraud.
Countries in Southeast Asia, the number of AI chips in Asia, which will be able to receive the number of US rules. (Trump management expelled this proposal last month.)
Millgate removed himself from the subject and clarified that he did not participate in the investigation. However, investors still lay down. NationGate’s shares are up to 40% this year.
