China says preliminary probe shows Nvidia violated anti-monopoly law
China's State Administration for Market Regulation found Nvidia violated anti-monopoly laws and suspected breaches in its 2020 acquisition of Mellanox, escalating US-China semiconductor tensions.
- 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.
12 Articles
12 Articles
China says Nvidia violated antimonopoly laws, according to a preliminary investigation
Chinese regulators say a preliminary investigation found Nvidia violated anti-monopoly laws. The State Administration for Market Regulation also said Monday it would carry out further investigation into Nvidia's acquisition of Mellanox.
China says Nvidia violated antitrust laws
Nvidia CEO Jensen Huang .VCG/VCG via Getty ImagesChina's regulators say Nvidia broke antitrust laws, following a preliminary investigation.The regulator also said it would look at Nvidia's 2020 acquisition of Israeli chip designer Mellanox.Nvidia is at the heart of ongoing US-China tensions in the semiconductor industry.Regulators in China said US chip giant Nvidia broke its antitrust laws, following a preliminary investigation.The State Adminis…
China says preliminary probe shows Nvidia violated anti-monopoly law
China will continue an investigation into U.S. chip giant Nvidia after preliminary findings showed it had violated the country's anti-monopoly law, China's market regulator said on Monday in a statement.
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