Nvidia Shares Drop Amid Chinese Anti-Monopoly Investigation

Reported 3 days ago

Nvidia's stock fell in premarket trading following the announcement of an investigation by China's State Administration for Market Regulation (SAMR) into the company's 2020 acquisition of Mellanox Technologies. The investigation focuses on potential violations of anti-monopoly laws, despite previous approvals from regulators in several countries. Nvidia shares, which have significantly increased this year, were down more than 2% after the news.

Source: YAHOO

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