But what about technology transfer to foreign entities? CFIUS and all that?
From Bloomberg, December 11:
- Company added roughly 200 to its Beijing headcount in R&D push
- AI chips leader has long sought to develop autonomous car tech
Nvidia Corp. has added hundreds of staff in China this year to enhance its research capabilities and focus on new autonomous driving technologies.
The world’s second most valuable company will end the year with about 4,000 people, up from just about 3,000 at the start of 2024, people familiar with its operations said. In a key part of that expansion, Nvdia added about 200 people in Beijing to beef up a team of researchers working on self-driving, the people said, asking not to be named as the information is private. The US company also enlarged its after-sales service and networking software development teams, one person said.
Santa Clara, California-based Nvidia is expanding its headcount globally as it works to fulfill runaway demand for its artificial intelligence chips. China, subject to US trade curbs that prevent Nvidia from selling its most advanced semiconductors there, still yielded $5.4 billion in sales in the September quarter. The country remains an important market and a research hub for the US chip designer....
....MUCH MORE
