Both a Chinese government antitrust investigation and escalating trade tensions between Beijing and Washington are complicating the semiconductor giant’s operations, yet Nvidia is expanding its presence in China.
According to Bloomberg reports, Nvidia, the second most valuable company in the world,this year it increased its employment in China by one third. The number of employees has increased from 3,000 at the beginning of the year to the current 4,000 employees. Among new hires there were 200 specialists who strengthened it autonomous car team.
As Bloomberg has learned, the American company has also expanded its after-sales service and network software development teams.
The trade war makes things harder
In an effort to meet runaway demand for its artificial intelligence chips, Nvidia is increasing hiring around the world. China is subject to US trade restrictions that prevent Nvidia from selling its most advanced semiconductors. Despite recently, sales in China reached $5.4 billion.
Nvidia’s revenue in China continues to grow / Bloomberg
China remains an important market and research center for the U.S. chip designer, and Nvidia has sought to maintain good relations with Beijing.
Unfortunately, due to the war at the top, Nvidia is suffering. In response to the restrictions introduced by the White House, the local antitrust regulator initiated a dinvestigation of Mellanox’s acquisition by Nvidia in 2020, to which the authorities in Beijing had previously given conditional consent. The investigation comes just weeks after the company’s CEO Jensen Huang highlighted China’s contributions to technology during a trip to Hong Kong.
China is a good place for AI research and development
Nvidia has been developing driving automation and AI software for over a decade, but its efforts have yet to bear fruit.
China has a leading position in pioneering EV technologies, so Chinese researchers would be well-placed to work on developing these technologies and collaborate with local automakers that are looking for such technologies to improve their offerings.
Nvidia in February, according to the company employed a total of 29,600 employees in 36 countries. In China, the company has expanded operations over the past few years and now employs nearly 600 people in Beijing, and recently opened a new office in the Zhongguancun technology center.
