Jaguar8 commented on a stock · Nov 27, 2024 21:38

NEWS

VCI Global Receives Conditional Letter of Award for US$24 Million AI Contract

VCI Global (NASDAQ: VCIG) has received a conditional Letter of Award worth US$24 million from Hexatoff Group for an AI data center project in Enstek City, Malaysia.

Through its subsidiary V-Gallant, VCI Global will supply AI hardware and software solutions, including an AI computing system with 640 NVIDIA H200 Tensor Core GPUs.

This project aligns with Malaysia's growing data center sector, which has approved 12 projects worth US$21 billion from 2021 to June 2024, with six projects valued at US$16 billion already operational.

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