24/7 Market News Snapshot 26 August, 2025 – VCI Global Limited Ordinary Share (NASDAQ:VCIG)

August 26, 2025

DENVER, Colo., 26 August, 2025 (www.247marketnews.com) – (NASDAQ:VCIG) are discussed in this article.
VCI Global Limited is experiencing a noteworthy shift in market activity, with its Ordinary Shares (VCIG) displaying remarkable resilience and growth potential. Currently trading at $0.987, the shares have marked a significant increase of over 31% from the previous close of $0.752. This surge reflects heightened investor interest, amplified by a strong trading volume of 12.51 million shares, which signals robust bullish sentiment in the marketplace. Investors are advised to monitor VCIG closely as the dynamic trading environment presents promising opportunities for further gains in the financial landscape.

In tandem with this market activity, VCI Global has announced a landmark milestone that further solidifies its position within the technology sector. The company’s subsidiary, V Gallant Limited, has secured a substantial $22 million contract with Codetext (BVI) Limited, a prominent player in software development and national security solutions. This agreement is pivotal as it outlines the establishment of a comprehensive sovereign AI system powered by military-grade encryption technology and advanced compute systems developed by NVIDIA.

The scope of the contract includes several innovative offerings such as QuantVault—an encrypted data storage solution, QTrustCard—an encryption accelerator, SecureGPU™—for optimized AI workload processing, and a complete AI orchestration platform. These components are expected to enhance security and operational independence for clients across various sensitive sectors, including intelligence, fintech, and Web3.

As the demand for localized AI infrastructure intensifies, VCI Global recognizes the critical need for compliance and cybersecurity amidst growing regulatory concerns. This contract exemplifies the company’s dedication to delivering superior sovereign-grade systems designed to protect data sovereignty and intellectual property. “We envision a future where AI innovation thrives on trust and security,” stated Dato’ Victor Hoo, Group Executive Chairman and CEO of VCI Global. The company is positioned to play an integral role in the evolution of secure digital ecosystems as the AI infrastructure market continues its expansive growth trajectory.

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