China Launches Antitrust Probe Against Nvidia Amid Chip Tensions with US

Reported 3 days ago

China has initiated an antitrust investigation into Nvidia Corporation for suspected violations of its anti-monopoly laws, perceived as a retaliatory action against recent U.S. restrictions on China's chip industry. The State Administration for Market Regulation indicated that Nvidia may have breached commitments made during its acquisition of Mellanox Technologies. This move follows the U.S. imposing further export controls on China's semiconductor sector, leading to a coordinated response from China, including export bans on critical minerals and advisories against purchasing U.S. chips.

Source: YAHOO

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