Nvidia CEO Jensen Huang returns to Vietnam

Huang arrived in Vietnam Wednesday and has participated in several technology events, a source familiar with the matter told VnExpress.

This is his second visit to Vietnam, one year after his first trip, during which he promised to establish a local entity and make Vietnam Nvidia’s "second home."

Nvidia has been increasing its presence in Vietnam in recent months.

In April the U.S. chipmaker and local tech giant FPT agreed to invest $200 million in the country’s first AI factory.

The two companies last month launched an AI factory in Japan using thousands of Nvidia graphic-processing units, with plans to build similar factories in the future.

Born in 1963, Huang founded Nvidia in 1993. The company's initial products were designed to support graphics processing and gaming, but the technology was gradually leveraged for broader applications, including AI.

Since the explosion of generative AI in 2022, the demand for Nvidia's chips has surged, pushing the company's market value above $3.5 trillion, competing closely with Apple for the title of the most valuable company in the world.

As a result, Huang's wealth has also skyrocketed, now estimated at $126 billion, according to Forbes.

Last year, Huang was spotted casually dressed in a t-shirt and black jeans, going on a food tour in Hanoi, enjoying snails and beer at local eateries.