Nvidia Plans Shanghai R&D Center, New Office Space in China, Report Says
1. Nvidia plans Shanghai R&D center amid U.S. chip sales restrictions. 2. The center aims to meet China's specific demands while complying with export controls. 3. Nvidia affirmed no core designs will be sent to China. 4. New office space in Shanghai will accommodate existing staff and potential growth. 5. October regulatory filings warn of up to $5.5 billion charges due to export licenses.