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 news organization, citing people with knowledge of the matter, said the facility would be used for a potential expansion as well as existing employees and that the company is advertising to hire artificial intelligence talent in China.

Nvidia spokesperson Sarah Weinstein disputed the Financial Times report, saying in an emailed statement that the

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