Overview

• Nvidia is actively assessing locations in Shanghai's Minhang and Xuhui districts for a new research and development centre.
• The initiative gained momentum after CEO Jensen Huang's April visit to China, where he met with senior officials including Vice Premier He Lifeng and Shanghai Mayor Gong Zheng.
• The Shanghai government is reportedly considering offering tax breaks and land incentives to support the project.
• Nvidia has confirmed that no core GPU designs or intellectual property will be transferred to China to comply with U.S. export regulations.
• China remains a critical market for Nvidia, contributing 13% of its total sales, despite increasing competition from domestic chipmakers like Huawei.