Nvidia said recent social media posts alleging the company would cut supplies to China were false, according to a company post on Chinese social media.

As its growth in the region continues, Nvidia hires 200 more staff in China and denies rumors it's cutting off supplies to the country.

Nvidia (NASDAQ:NVDA) said recent social media posts alleging that the company would cut supplies to China were false, Reuters reported. The U.S. tech giant noted that China is an important market and it would continue to provide high-quality products and services to Chinese customers,

Nvidia has added about 200 people in China this year to enhance its research capabilities and focus on new autonomous driving technologies, Bloomberg News reported on Wednesday.