Published 3 months ago • loading... • Updated 2 months ago

China investigates Nvidia over suspected violation of anti-monopoly law

China has launched an investigation into Nvidia for allegedly violating its anti-monopoly laws regarding the purchase of Mellanox.
The investigation marks the first time China’s market regulator has scrutinized a previously-approved transaction.
Nvidia could face fines of up to US$1.03 billion, equivalent to 10 percent of its China sales in financial year 2024.

Insights by Ground AI

Does this summary seem wrong?

281 Articles

All

Left

Center

Right

247wallst.com

China Probe Spooks Nvidia Investors. Time to Buy?

Nvidia (NASDAQ:NVDA) stock is down almost 10% since hitting $153 a share last month. Most recently the stock dropped some 2.6% after China announced its was investigating the artificial intelligence chipmaker for violating the country’s anti-monopoly laws. According to the Associated Press, the investigation surrounds Nvidia’s acquisition of network and data transmission company Mellanox five years ago. It comes as the U.S. Justice Dept. is also…

2 months ago·New York, United States

Read Full Article

BizNews.com

BizNews Briefing - Gary Player on Trump, Google’s Quantum Leap, and Nvidia in China’s Crosshairs

In today’s episode of the BizNews Briefing, Golf legend Gary Player shares insights on his friend, US President-elect Donald Trump. We explore Google’s groundbreaking quantum chip, China’s investigation into Nvidia for anti-competitive practices, and the latest developments in Syria’s uprising. Stay informed with the stories shaping our world. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content tha…

2 months ago

Read Full Article

GZERO Media

Nvidia forges deals in American Southwest and Southeastern Asia

Nvidia, the world’s leading AI chip designer, has plans to expand its footprint both in the United States and around the globe. The California-based chip giant is negotiating with Taiwan Semiconductor Manufacturing Company, or TSMC, the world’s top contract chipmaker, to manufacture its top-of-the-line Blackwell AI processors at TSMC’s Arizona facility. TSMC has invested billions to bring its high-tech manufacturing to the Southwest US, thanks i…

2 months ago

Read Full Article

Fortune

Nvidia slapped with a Chinese antitrust probe as Beijing collects ‘bargaining chips’ ahead of Trump’s return

An analyst from the consultancy firm Trivium China thinks Beijing is preparing for some tough negotiations ahead as Trump returns to the White House.

2 months ago·New York, United States

Read Full Article

France24

Business - China launches antitrust probe into AI chipmaker Nvidia

China's antitrust authorities announced the opening of an investigation into Nvidia over a possible breach of a deal struck back in 2020. The move is part of a wider US-China confrontation regarding chip technology which can power artificial intelligence systems, military equipment and cyber warfare infrastructure. Washington had ramped up its export controls on chip technology to China last week, placing 140 Chinese entities on a trade blacklis…

2 months ago·France

Read Full Article

Silicon Republic

China investigates Nvidia amid ongoing disputes with US

The Chinese antitrust authority previously approved Nvidia's acquisition of Mellanox in 2020. Read more: China investigates Nvidia amid ongoing disputes with US

2 months ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year