Amid Anti-Monopoly Probe, NVIDIA on a Hiring Spree in China

News Snapshot:

Amid trade restrictions and a probe into suspicions of violating China’s anti-monopoly law, US chipmaker NVIDIA has hired 200 people to expand its research and development into autonomous AI-driven cars, Bloomberg reported. The company now employs around 4,000 people in China, up from about 3,000 at the start of 2024, the media house reported, citing sources. The company also strengthened its after-sales and software development teams to better support its operations in the region. China is a crucial market for the chipmaker, both as a significant revenue source and as a hub for advancing its R&D capabilities. The probe by...