China opens probe into Nvidia, accusing company of violating its anti-monopoly law
China on Monday accused U.S. chipmaker Nvidia of violating its anti-monopoly law, a move likely to escalate already tense trade relations between the two countries as President-elect Donald Trump prepares to take office for a second time.
China on Monday accused U.S. chipmaker Nvidia of violating its anti-monopoly law, a move likely to escalate already tense trade relations between the two countries as President-elect Donald Trump prepares to take office for a second time.
China's state market regulatory arm said the probe is related to Nvidia's 2019 acquisition of Mellanox, a global supplier of computer networking equipment.
China had conditionally approved that acquisition in 2020.
In a statement, Nvidia said it was "happy to answer any questions regulators have" about its business.
“Nvidia wins on merit, as reflected in our benchmark results and value to customers, and customers can choose whatever solution is best for them,” the company said. “We work hard to provide the best products we can in every region and honor our commitments everywhere we do business.”
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