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Nvidia broke antitrust laws, China says amid trade talks with US

The Straits Times

|

September 17, 2025

China ruled that Nvidia violated anti-monopoly laws with a high-profile 2020 deal, ratcheting up the pressure on Washington during sensitive trade negotiations.

The US chipmaker was found in violation of antitrust regulations after the acquisition of networking gear maker Mellanox Technologies, China's State Administration for Market Regulation said after concluding a preliminary investigation.

The surprise announcement came as US and Chinese officials headed into a second day of wide-ranging negotiations in Madrid over tariffs, which could shape the relationship between the world's two largest economies.

Over the weekend, China also said it was launching an anti-dumping investigation targeting a type of semiconductor made by US companies such as Texas Instruments.

Nvidia's stock slipped nearly 2 per cent in New York trading on Sept 15 before recouping most of the losses. Shares of Texas Instruments, meanwhile, fell 2.9 per cent.

The Chinese agency did not specify what remedies it would seek from Nvidia, adding that it will investigate the company further.

In its own statement, Nvidia said it complies with the law "in all respects".

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