Reported about 2 hours ago
Chinese regulators have accused Nvidia of violating antimonopoly laws following a preliminary investigation into its 2020 acquisition of Mellanox Technologies. The State Administration for Market Regulation stated that Nvidia failed to comply with conditions underlying the approval of this $6.9 billion deal, prompting further investigation. The situation adds pressure on U.S.-China relations as trade talks are currently underway, escalating scrutiny on the U.S. chip industry amidst ongoing tensions.
Source: YAHOO