Nvidia Seeks Out Chinese Expertise To Manifest Its Autonomous Vehicle Goals
Portfolio Pulse from Ryan Gustafson
NVIDIA Corporation (NASDAQ:NVDA) is expanding its autonomous driving team in China by hiring for twenty-four positions across Beijing, Shanghai, and Shenzhen. The recruitment aims to design and deploy AI systems for automation and autonomous vehicles, led by Xinzhou Wu, an expert in the Chinese AV market. Despite U.S. export controls on AI GPUs, Nvidia's automotive products remain unaffected. NVDA shares were down 1.21% at $476.61 at the time of publication.
November 28, 2023 | 8:43 pm
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NVIDIA is hiring for its autonomous driving team in China, indicating a strategic focus on AI for automation and autonomous vehicles. The leadership of Xinzhou Wu, with his experience in the Chinese market, could strengthen NVIDIA's position in the AV sector.
The hiring news reflects NVIDIA's commitment to advancing its autonomous vehicle technology, particularly in the significant Chinese market. The leadership of Xinzhou Wu is a positive sign for the company's expertise in the sector. Although the stock dipped slightly, the strategic move is likely to be viewed positively by investors in the short term, as it signals growth and expansion in a key technology area.
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