Victory Giant Technology

VGT was founded in 2006 by Chen Tao, a former soldier and civil servant who was previously a salesperson at a Taiwanese-owned PCB factory.^[1]

In 2015, VGT held its initial public offering and became a listed company on the Shenzhen Stock Exchange.^[1]

In 2019, Chen made the decision to establish VGT's High Density Interconnect (HDI) division. It was a bet on the complex, high-end boards needed for gaming graphics cards. The bet paid off as Victory Giant became a core supplier of Nvidia which included supplying its H-series AI accelerator cards.^[1]

In 2024, Victory Giant acquired Taiwanese competitor APCB's business in Thailand.^[2][3] Less than a year later, it was reported that VGT was on track to have its second factory up and running in Thailand.^[3]

In March 2025, VGT started constructing a factory in the Bac Ninh province of Vietnam. The project's estimated cost is $520 million.^[4]

In July 2025, VGT announced it planned to hold a secondary listing on the Hong Kong Stock Exchange.^[5]

In November 2025, Bloomberg News reported that shares of VGT had risen nearly 600% that year due to its ties with Nvidia and AI. VGT emerged as top in sales for AI and high-performance computing during that year.^[6]

On 21 April 2026, VGT listed on the Hong Kong Stock Exchange.^[7]