US EditionChina says Nvidia violated anti-monopoly laws, significantly escalating trade tensions with US
- China's State Administration for Market Regulation announced that a preliminary investigation indicates Nvidia has breached the nation's antitrust regulations.
- In December 2024, regulators initiated an antitrust investigation targeting Nvidia's purchase of Mellanox, a chip company based in Israel.
- The regulator added it would continue investigating Nvidia, which generates $17 billion in China, about 13% of its sales in the latest fiscal year.
- Ahead of the market open, Nvidia’s stock declined by 2% as US-China semiconductor trade discussions continued this week in Madrid amid ongoing tensions.
- The probe highlights rising scrutiny on US chipmakers in China, potentially leading to fines of 1% to 10% of annual sales and increasing pressure in US-China trade relations.
130 Articles
130 Articles
China says Nvidia violated antitrust law
SINGAPORE—China said an initial probe found Nvidia violated the country’s antimonopoly law, heightening pressure on Washington during the latest round of U.S.-China trade talks that ended Monday.Beijing’s antitrust regulator cited the violations in connection with Nvidia’s acquisition of an Israeli company that was completed in 2020. The regulator said the investigation was continuing, and it didn’t elaborate on the preliminary findings or say w…
China says Nvidia 'violated' antitrust law
BEIJING, China – China said Monday that an investigation found US chip giant Nvidia had run afoul of the country’s antitrust rules, and vowed an additional probe just after trade talks between Beijing and Washington entered a second day. Beijing — which announced the investigation in December — is currently engaged in an intense contest with the United States for supremacy in the critical field of semiconductors. READ: Nvidia earnings beat expec…
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