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Nvidia Steps Up Hiring in China to Focus on AI-Driven Cars

by Team Lumida
December 12, 2024
in AI
Reading Time: 3 mins read
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Nvidia CEO Reveals Secrets Behind AI Domination Amidst Fierce Competition

Source: CNBC

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Key Takeaways:

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  • Nvidia expands China workforce by approximately 1,000 employees in 2024
  • Beijing R&D team grows by 200 people, focusing on self-driving technology
  • Company maintains China presence despite US trade restrictions
  • China remains significant market with $5.4 billion in Q3 sales

What Happened?

Nvidia Corp. has significantly expanded its presence in China, adding around 1,000 employees throughout 2024, bringing its total workforce to approximately 4,000. A key focus of this expansion includes adding 200 researchers in Beijing specifically for autonomous driving technology development. The company has also strengthened its after-sales service and networking software development teams.

Why It Matters?

This expansion demonstrates Nvidia’s continued commitment to the Chinese market despite ongoing US trade restrictions. While the company faces limitations on selling its most advanced AI chips in China, the region remains crucial, generating $5.4 billion in sales during the September quarter. The focus on autonomous driving technology also positions Nvidia to capitalize on China’s growing electric vehicle market.

What’s Next?

Several key developments warrant attention:

  • Impact of the newly announced Chinese antitrust probe into Nvidia’s Mellanox acquisition
  • Potential effects of escalating US-China trade tensions
  • Development of autonomous driving technologies with Chinese automakers
  • Evolution of US trade restrictions on advanced chip sales

The company’s strategy in navigating these challenges while maintaining its growth in China will be crucial for its global market position. The expansion of research capabilities, particularly in autonomous driving, could yield significant technological advances despite the complex geopolitical environment.

Tags: Nvidia
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© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
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