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OpenAI has long been at the forefront of generative AI development, with its latest GPT models widely adopted across sectors such as business, healthcare, and education. However, as the complexity of AI models continues to rise, computational power has become a critical bottleneck.
Through "Stargate,"OpenAI will gain access to massive data center infrastructure, significantly reducing computational costs and accelerating model training efficiency, thereby solidifying its technological edge.
President Trump recently announced the launch of the "Stargate"artificial intelligence infrastructure project. The initiative, a joint venture between OpenAI, Oracle, SoftBank, and the UAE sovereign wealth fund MGX, is backed by a staggering $500 billion investment. With $100 billion allocated, the initial phase will see the construction of several large-scale data centers across the U.S. over the next four years.
Looking ahead, we anticipate Q1 FY2025 sales to align closely with Q4 FY2024 levels. With the introduction of new projects in the automotive and EMS segments, we are optimistic about achieving sustainable growth, targeting a robust 20% to 25% revenue increase for FY2025 compared to the current financial year.
NVEU status, which allows them to purchase computational power equivalent to 320,000 advanced GPUs over the next two years.
The surprise policy decision in the US prompted analysts to caution on industry prospects, which in turn triggered some profit-taking in global chip players, that spilled over to Malaysian-listed proxies of the AI and data-centre segments.
According to news reports, Malaysia has been classified as a Tier 2 country by the US, and permitted to import only 50,000 graphics processing units (GPUs) over two years, with data-centre operators restricted to deploying a maximum of 7% of their computing capacity in any single Tier 2 nation.
However, companies that meet US security requirements and headquartered in countries like Malaysia can apply for “National Verified End User”, or NVEU status, which allows them to purchase computational
