Nvidia signs $2B MOU with Kazakhstan for advanced chips

Published 1 day ago Positive
Nvidia signs $2B MOU with Kazakhstan for advanced chips
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[Nvidia Corporation building in Taipei, Taiwan.]
BING-JHEN HONG

* Nvidia (NVDA [https://seekingalpha.com/symbol/NVDA]) has signed a $2B memorandum of understanding with Kazakhstan to provide the nation with its advanced AI accelerators.
* The Jensen Huang-led tech giant — working with OpenAI (OPENAI [https://seekingalpha.com/symbol/OPENAI]) — will provide Kazakhstan’s Freedom Holding Corporation and the digital ministry with up to $2B in chips, according to a list of deals between U.S. companies and Central Asian nations released by the U.S. Commerce Dept.

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