EL7.AI
StocksMedium•8 September 2026•
2 min read

Nvidia-backed Firmus Signs Deal to Supply OpenAI with Malaysia Data Centre Capacity

Key Facts

1Australia's Firmus signed a multi-year deal with OpenAI to supply computing capacity from two Malaysian data centres.
2OpenAI will become an anchor customer for Firmus as demand surges for infrastructure to run advanced AI models.

Amid the intensifying global race to secure infrastructure for artificial intelligence development, Southeast Asia is emerging as a strategic hub for technical growth. Australia's Firmus, backed by Nvidia, has signed a multi-year agreement with OpenAI to supply advanced computing capacity from two data centres in Malaysia. Under this deal, OpenAI will become an anchor customer for Firmus, strengthening the ChatGPT developer's access to the resources required to run and scale sophisticated AI models.

This collaboration reflects the surging global demand for specialized data centre infrastructure capable of handling heavy AI workloads, which indirectly supports the broader Nvidia ecosystem. Per market data, peer stocks AMD and TSM closed at $477.57 and $428.91 respectively on September 4, 2026, highlighting continued momentum within the semiconductor and infrastructure sectors. This move serves as a validation of regional partnerships in meeting the infrastructure needs of major industry players.

Regarding stock performance, NVDA stood at $230.36 (at close September 4, 2026), having traded between a day low of $229.63 and a high of $234.76. Traders are currently watching infrastructure demand stability as a primary catalyst, while global markets await macroeconomic data that could impact risk appetite in the tech sector, as the upcoming calendar shows no immediate direct events for the involved entities.