Nvidia is reportedly planning to expand its operations in China by establishing a new research and development center in Shanghai. This move aims to strengthen Nvidia’s foothold in the Chinese market despite increasing competition and tensions following U.S. restrictions on chip exports to companies like Huawei. Reports indicate that Nvidia will not be transferring GPU designs to China but instead focus on local innovation through its new facility. The initiative underscores Nvidia’s commitment to maintaining its business presence amidst geopolitical challenges. — new from MarketWatch