Nvidia Jensen Huang’s founder and CEO was interviewed by the president of the Milken Institute Michael Milken (unfulfilled) at the Milken Institute 2025 World Conference in Beverly Hills, California, United States, May 5, 2025.
Mike Blake | Reuters
Nvidia said that it does not send graphics processing unit plans in China following a report that the manufacturer of artificial intelligence chips works on a research and development center in Shanghai in the light of the recent American export borders.
“We do not send any GPU design in China to be modified to comply with export controls,” a spokesperson said in a press release at CNBC.
The Financial Times was the first to report the news, citing two sources familiar with the issue. CEO Jensen Huang discussed the new potential center with the mayor of Shanghai, Gong Zheng, during a visit last month, the FT reported.
The center will assess the means to respond to American restrictions while addressing the local market, although production and design will continue outside China, according to the report.
Tamias AI manufacturers such as Nvidia have been struck by the main Chinese roadblocks since 2022 while the United States began to suppress the sending of advanced fleas to China due to the concerns of possible military use.
Last week, the Trump administration said that it would replace the restrictions put in place under President Joe Biden with a “much simpler rule that triggers American innovation and ensures the domination of the American AI”. NVIDIA said last month that it would take fees of $ 5.5 billion linked to the sale of its H20 GPU in China and other countries.
Huang previously commented on the importance of China, which is one of the main business markets after the United States, Singapore and Taiwan. He told CNBC this month that getting out of the second world economy would be a “enormous loss”, believing that the China AI market could reach $ 50 billion over the next two to three years.
“We just have to remain agile,” said Huang to Jon Fort de CNBC, in an interview alongside the CEO of ServiceNow, Bill McDermott. “Whatever the government’s policies, whatever the best interest in our country, we will support,” he added.
Read the full FT report here: NVIDIA provides for the Shanghai research center in a new commitment to China
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