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VCI Global Acquires Cutting-Edge NVIDIA H200 AI Chips Via Supermicro to Supercharge AI Cloud Business
The Company Invests Over US$25 Million in 512 NVIDIA H200 GPUs to Drive 20% Earnings Growth KUALA LUMPUR, Malaysia, Jan. 27, 2025 (GLOBE NEWSWIRE) -- VCI
About this update from Vci Global Limited
[{"type":"text","content":"The Company Invests Over US$25 Million in 512 NVIDIA H200 GPUs to Drive 20% Earnings Growth\nKUALA LUMPUR, Malaysia, Jan. 27, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”), through its AI subsidiary, AI Computing Center Malaysia Sdn. Bhd. (“AICC” or the “Company”) proudly announces a major AI asset acquisition through Super Micro Computer, Inc. (NASDAQ: SMCI) (“Supermicro”). This strategic investment entails the procurement of state-of-the-art 64 Supermicro servers equipped with 512 NVIDIA H200 Tensor Core Graphics Processing Units (“NVIDIA H200 GPUs”), for the launch of its AI cloud business. AICC’s investment of over US$25 million marks a significant milestone in its journey to becoming a leading AI infrastructure provider. This investment is expected to generate approximately US$6 million in annual revenue, representing a projected 20% increase in earnings by 2026. The AICC’s first AI computing center, located in Cyberjaya, Malaysia, is slated to go live in Q2 2025. The NVIDIA H200 GPUs represent a groundbreaking leap in AI technology. As the newest innovation in the NVIDIA’s Hopper family, the NVIDIA H200 GPUs features exceptional performance capabilities, including advanced tensor cores and enhanced memory bandwidth, enabling it to efficiently process vast datasets and perform complex computations. Its architecture is specifically designed to accelerate large-scale AI and high-performance computing (HPC) workloads, making it an ideal choice for generative AI, natural language processing, and advanced machine learning models. “Through this strategic investment, AICC is proud to be the first in Malaysia to provide AI cloud services powered by NVIDIA H200 GPUs. This acquisition of state-of-the-art AI assets not only unlocks a new revenue stream for AICC but also reinforces its position in advancing AI cloud services. We are confident in the growth of our AI cloud business, leveraging opportunities in the cloud computing industry while further strengthening Malaysia’s AI ecosystem and contributing to its economic development,” said Dato’ Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global. About VCI Global Limited VCI Global is a diversified holding company headquartered in Kuala Lumpur, Malaysia. The Company operates through five core businesses: Capital Market Consultancy...