British semiconductor designer Arm (NASDAQ:ARM) is aiming to broaden its footprint in Southeast Asia as the region sees rising demand for artificial intelligence and data center infrastructure, the Wall Street Journal reported Tuesday.
Will Abbey, Arm’s chief commercial officer, described Southeast Asia as “a hotbed of activity” with considerable market opportunities.
“We see Southeast Asia as a hotbed of activity, and we’d like to do more in this region,” Abbey told the Wall Street Journal during the Fortune Brainstorm AI Singapore conference. “Demand is still growing.”
The company is following up on its $250 million collaboration with Malaysia announced earlier this year, which represented Arm’s first partnership at the national level.
Abbey suggested that Singapore could be the next country to host a similar partnership initiative.
Arm’s strategic push into Southeast Asia comes amid a surge in investment in data centers and AI technologies across the region, highlighting the market’s growing importance to the company’s global expansion plans.
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