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Chipmaker Nvidia faces Chinese probe
Financial Express Hyderabad
|December 10, 2024
CHINA ON MONDAY said it has launched an investigation into Nvidia Corp over suspected violations of the country's anti-monopoly law, in a move that will likely be seen as a retaliatory move against Washington's recent chip curbs.
The State Administration for Market Regulation (SAMR) said the US chipmaker is also suspected of violating commitments it made during its acquisition of Mellanox Technologies Ltd, according to terms outlined in the regulator's 2020 conditional approval of that deal.
It did not elaborate on how Nvidia might have violated China's anti-monopoly laws.
This story is from the December 10, 2024 edition of Financial Express Hyderabad.
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