Nvidia has hired hundreds of Chinese nationals this year to strengthen its research capacities and concentrate on new autonomous driving technology. A Bloomberg report quoting sources showed from an initial staff of around 3,000 in early 2024, the world's second most valuable firm is expected to grow to over 4,000 by the end of the year.

Nvidia expands workforce in China amid growth plans

In a noteworthy turn of events, Nvidia's stock price has plummeted, wiping out nearly $279 billion from its market capitalization. This sharp decline follows a report from Bloomberg indicating that the Department of Justice (DOJ) has issued a subpoena to Nvidia as part of an ongoing antitrust investigation.

Nvidia's market value plummets by $279 Billion amid Department of Justice antitrust probe

The AI-craze has lifted the valuation of Nvidia to beyond $3 trillion and boosted the wealth of Jensen Huang. Huang steadily climbed to the world's wealthiest ranks as the market value of his computer chip maker has risen sharply.

Nvidia's $3 trillion boosts Jensen Huang's wealth

Chipmaker Nvidia's CEO Jensen Huang feels that artificial intelligence (AI) can help anyone to become a programmer. He has not just credited artificial intelligence for ushering in a new era in computing but also for ending the "digital divide" across the world.

Nvidia CEO on the AI revolution

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Nvidia expands workforce in China amid growth plans

Nvidia's market value plummets by $279 Billion amid Department of Justice antitrust probe

Nvidia's $3 trillion boosts Jensen Huang's wealth

Nvidia CEO on the AI revolution