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First Financial journalist learned from internal sources that NVIDIA revealed at the first quarter all-staff meeting that they are seeking to expand the Shanghai new park to meet the company's continued growth in scale. There are also plans to build an iconic park in the future. NVIDIA did not comment on this news. However, the company stated in a recent statement that GPU design changes will not be carried out in China.
According to First Financial journalist, NVIDIA's expansion plan for the Shanghai park is a continuation of the company's long-term investment in China. NVIDIA employees revealed that the NVIDIA Shanghai office is currently very crowded, with insufficient workstations, and the office conditions need to be improved. NVIDIA is evaluating its strategy to address the Chinese market. Huang Renxun visited Beijing and Shanghai last month to emphasize the importance of the Chinese market. In the fiscal year ending January 26 of this year, the Chinese market generated $17 billion in revenue for NVIDIA, accounting for 13% of the company's total sales (First Financial).
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