NVIDIA to invest in several Indonesian cities, including building AI schools

IndonesiaVice President Gibran Rakabuming Raka said Thursday that U.S. chipmakerNvidiaInvestments are planned in several cities in Indonesia, including a school focused on artificial intelligence in Central Java.

NVIDIA to invest in several Indonesian cities, including building AI schools

Raka revealed thatNVIDIA CEO Jen-Hsun Huang conveyed this investment plan during his visit to Indonesia last week, but Laca did not provide additional details about these programs.

NVIDIA announced yesterday that revenues for the third quarter ended October 27, 2024 were $35.1 billion, up $17% from the previous quarter and up $94% from the same period last year. net income was $19.309 billion, up $109% from the same period last year, both of which exceeded market expectations.

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