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Image Credit: Bloomberg Quint

Nvidia Faces Bipartisan Concern On China Research Facility Plans

  • Republican Senator Jim Banks and Democrat Elizabeth Warren express concerns over Nvidia's reported plans to open a research facility in Shanghai, citing national security and economic security concerns.
  • The concern stems from the potential risk of sensitive information being leaked or transferred to China, impacting US national security.
  • Nvidia spokesperson stated that the new space in China is for existing employees post-COVID return to work and that the scope of work will remain unchanged.
  • The senators emphasize the importance of Nvidia conducting its innovation within the sphere of close democratic allies and providing detailed information about their China plans by June 20.

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