News Summary

Nvidia is planning to establish a new research and development center in Shanghai, China. The initiative was discussed by Nvidia’s CEO Jensen Huang and Shanghai’s mayor Gong Zheng in April. The new R&D hub aims to bolster Nvidia’s presence in China despite rising geopolitical tensions. The company is actively recruiting engineers in Shanghai to work on various global R&D projects, including deep learning hardware development, ASIC design, and system optimization. This move is part of Nvidia’s broader strategy to expand its technological footprint globally.