Unusual Senate Duo Presses Nvidia on Plans for New Shanghai Facility
- Nvidia plans to continue its operations in China with a new R&D facility in Shanghai, as stated by CEO Jensen Huang.
- Senators Elizabeth Warren and Jim Banks expressed national security concerns about the Shanghai facility and have urged Nvidia to suspend activities that could empower the Chinese Communist Party.
- The senators expect Nvidia to provide answers by June 20 about its ties to China and its impact on U.S. Security.
- Huang acknowledged Nvidia's long history in China but also mentioned support for U.S. Manufacturing initiatives.
11 Articles
11 Articles
Banks: NVIDIA Poses National Security Risks with Shanghai Operations
Source: (Photo By Bill Clark/CQ Roll Call) WASHINGTON, D.C. — Some lawmakers in D.C., including an Indiana senator, believe Nvidia is too close with China. NVIDIA CEO Jensen Huang said that more chip plants are set to be in the United States, but the major chip maker will also continue its longstanding China-based operations with their planned R&D facility based in Shanghai. That caught the attention of Sen. Jim Banks, R-Ind. “No American compan…

Senators Say Nvidia’s Shanghai Expansion Is a Serious National Security Risk
Sens. Jim Banks (R-Ind.) and Elizabeth Warren (D-Mass.) are seeking answers from Nvidia about the AI chip company’s planned facility expansion in China. In a May 28 letter, the senators demanded plans for the center, including timelines, salaries, the type of work it will house, and whether Nvidia will receive benefits or support from the Chinese regime or local authorities in this project. Pointing to reports that claimed Nvidia was looking to …
Unusual Senate duo presses Nvidia on plans for new Shanghai facility
An unusual Senate duo is pressing powerhouse chipmaker Nvidia on plans to open a research-and-development center in Shanghai, arguing the company is helping China’s defense and technology capabilities. Sens. Jim Banks (R-Ind.) and Elizabeth Warren (D-Mass.) said that Nvidia’s “recent decision raises significant national security and economic security issues that warrant serious review.” “It is…
Nvidia faces bipartisan concern over Chinese facility report
By Steven T. Dennis, Bloomberg Republican Senator Jim Banks and Democrat Elizabeth Warren are demanding answers from Nvidia Corp. CEO Jensen Huang on his firm’s reported plans to open a research facility in Shanghai, saying the decision “raises significant national security and economic security concerns.” Banks and Warren were reacting to a Financial Times report that Nvidia is opening a research and development center in the Chinese city. The …
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