• Nvidia said it won't be sending GPU plans to China following a report that it is working on a research and development center in Shanghai.
• "We are not sending any GPU designs to China to be modified to comply with export controls," a spokesperson said in a statement to C온라인카지노사이트.
• CEO Jensen Huang discussed the potential new center with Shanghai's mayor, Gong Zheng, last month, the Financial Times reported, citing sources familiar with the matter.

said it won't be sending graphics processing unit plans to China following a report that the chipmaker is working on a research and development center in Shanghai in light of recent U.S. export curbs.

"We are not sending any GPU designs to China to be modified to comply with export controls," a spokesperson said in a statement to C온라인카지노사이트.

A source familiar with the matter told C온라인카지노사이트 that the company is leasing new space for current employees, but is not sending any IP or GPU designs there. The source said this is a continuation of the company's longstanding presence in China.

The Financial Times was the first to , citing two sources familiar with the matter. CEO Jensen Huang discussed the potential new center with Shanghai's mayor, Gong Zheng, during a visit last month, the FT reported.

The center will assess ways to meet U.S. restrictions while catering to the local market, although production and design will continue outside China, according to the report.

AI chipmakers such as Nvidia have been hit with major since 2022 as the U.S. began cracking down on sending advanced chips to China because of concerns of possible military use.

Last week, the Trump administration said it would put in place under President Joe Biden with a "much simpler rule that unleashes American innovation and ensures American AI dominance." Nvidia said last month that it would tied to selling its H20 GPUs in China and other countries.

Huang has previously commented on the significance of China, which is one of the company's major markets after the U.S., Singapore and Taiwan. He this month that getting shut out of the world's second-largest economy would be a "tremendous loss," estimating that China's AI market could hit $50 billion over the next two to three years.

"We just have to stay agile," Huang told C온라인카지노사이트's Jon Fortt, in an interview alongside  CEO Bill McDermott. "Whatever the policies are of the government, whatever is in the best interest of our country, we'll support," he added.

Read the full FT report .

— C온라인카지노사이트's Kristina Partsinevelos contributed to this report