Founder and CEO at Nvidia Jensen Huang is interviewed by Chairman of the Milken Institute Michael Milken (not pictured) during the Milken Institute Global Conference 2025 in Beverly Hills, California, U.S., May 5, 2025.
Mike Blake | Reuters
Nvidia said it won’t be sending GPU plans to China following a report that the artificial intelligence chipmaker is working on a research and development center in Shanghai in light of recent U.S. export curbs.
“We are not sending any GPU designs to China to be modified to comply with export controls,” a spokesperson said in a statement to CNBC.
The Financial Times was the first to report news, citing two sources familiar with the matter. CEO Jensen Huang had met to discuss the potential new center with Shanghai’s mayor Gong Zheng last month, the FT report
This is breaking news. Please refresh for updates.
