Malaysia recently emerged as a major center for chip testing and packaging, with Infineon, NXP, and STMicroelectronics NV among the key suppliers operating plants there.
Its data center unit, which sells GPU accelerators for supercomputers and AI, had sales of $2.37 billion in the quarter, up 35% from a year earlier.
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Video: Vlad Galabov, Michael OKeeffe discuss edge computing, address issues like remote management and maintenance of equipment located at the edge
The business will focus on the acquisition of data centers and fiber networks in Japan, Australia and other Asian markets.
China is increasingly concerned by security issues related to intelligent vehicles, exemplified by the Didi crackdown and pressure on Tesla.
The company sees an opportunity in helping already extremely efficient miners get closer to 100 percent utilization.