VCI Global Unit Receives $24 Million Letter of Award for Malaysia Data Center

MT Newswires Live11-27

VCI Global (VCIG) said Wednesday that its unit V-Gallant has received a conditional letter of award valued at $24 million from Hexatoff Group for a proposed data center project in Enstek City, Malaysia.

V-Gallant will provide Hexatoff with AI-compatible hardware and software systems, including an AI-capable computing system featuring 640 NVIDIA (NVDA) H200 Tensor Core processors, VCI Global said.

Shares of VCI Global were up more than 45% in recent Wednesday's premarket activity.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment