Nvidia Boosts China Hiring For Ai-driven Cars, Report Says

Nvidia (NVDA) has reportedly added hundreds of unit members successful China this twelvemonth to beef up its investigation capabilities and attraction connected autonomous driving technologies.

According to Bloomberg, Nvidia will extremity 2024 pinch astir 4,000 group successful China, up from conscionable 3,000 astatine nan commencement of nan year. The artificial intelligence (AI) spot elephantine added astir 200 group successful Beijing to heighten its investigation squad focused connected self-driving cars, nan study said, citing group acquainted pinch nan operations.

Nvidia didn’t instantly respond to a petition for comment.

Nvidia Caught Up successful China-US Tech War

The move by Nvidia to beef up its Chinese self-driving car operations comes arsenic nan tech elephantine whose chips person powered nan AI roar is caught up successful an ongoing tech warfare betwixt nan U.S. and China.

China earlier this week said it is investigating Nvidia for antitrust violations connected its 2020 acquisition of Israeli-American networking hardware shaper Mellanox Technologies. 

In October 2022, nan U.S. constricted income to China of cutting-edge chips and Nvidia has modified its products to proceed trading successful nan Asian nation. Earlier this month, nan Biden management accrued curbs connected semiconductor-related exports to China arsenic portion of measures to hobble nan Asian nation's chip-making ambitions.

Shares of nan chipmaker are down astir 0.5% successful premarket trading and person gained much than 180% since nan commencement of nan year.