NVDA.BA is trading 2.1% higher at $12880 following news that NVIDIA-backed Firmus will develop a $30B AI hub in Indonesia.

  • Firmus plans to procure up to 170,000 NVIDIA GPUs for the project, signaling sustained long-term demand for AI hardware.
  • The stock is outperforming broader indices as positive sentiment grows around NVIDIA’s expanding AI footprint in the ASEAN region.
  • Today's gains are further supported by a generally strong performance across the wider technology sector.