Nvidia Hit With China Probe in Escalation of Global Tech Wars

Posted under: Tech Move
Date: 2024-12-10
Nvidia Hit With China Probe in Global Tech War Escalation | Justo News

China has opened a probe into Nvidia Corp. over suspicions that the US chipmaker broke anti-monopoly laws around a 2020 deal, taking aim at the AI heavyweight as Washington ramps up sanctions. The State Administration for Market Regulation opened an investigation into the company’s recent behavior as well as the circumstances surrounding the acquisition of Mellanox Technologies Ltd., the government said in a statement on Monday.