06:20 AM EDT, 05/16/2025 (MT Newswires) -- Nvidia ( NVDA ) is looking to build a research and development center in Shanghai as the chipmaking giant seeks to stay competitive in China amid tighter US export controls, the Financial Times reported, citing two people with knowledge of the matter.

Nvidia ( NVDA ) Chief Executive Jensen Huang and Shanghai Mayor Gong Zheng discussed the plan in April, the unnamed sources told the publication.

The planned facility would research the specific demands of Chinese customers and the complex technical requirements needed to meet the curbs placed by the US, the FT reported, citing people with knowledge of the plans.

However, the actual core design and manufacturing will remain outside of China amid legal sensitivity around moving intellectual property to that market, according to the report. "We are not sending any GPU designs to China to be modified to comply with export controls," the FT reported, citing Nvidia ( NVDA ).

The company did not immediately respond to MT Newswires' request for comment.

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