"Regulators in China said US chip giant Nvidia broke its antitrust laws, following a preliminary investigation. The State Administration for Market Regulation said in a Monday statement that Nvidia violated anti-monopoly laws, but it did not elaborate further in a brief statement. The regulator also said it suspected Nvidia of violating commitments made during its 2020 acquisition of Israeli chip designer Mellanox, which Beijing had conditionally approved."
""The State Administration for Market Regulation decided to conduct further investigation into it in accordance with the law," the regulator said. Nvidia is at the heart of ongoing semiconductor industry tensions between the US and China. US export controls had restricted Nvidia from selling its H20 chips to China. Nvidia could not immediately be reached for comment This is a developing story, check back for updates."
The State Administration for Market Regulation said Nvidia violated anti-monopoly laws after a preliminary investigation and initiated a further investigation under Chinese law. The regulator indicated suspicion that Nvidia breached commitments tied to its 2020 acquisition of Israeli chip designer Mellanox, which had received conditional approval from Beijing. Nvidia occupies a central position in US-China semiconductor tensions amid export controls that restricted sales of Nvidia H20 chips to China. Nvidia could not be immediately reached for comment. The regulator announced it will investigate both the alleged antitrust violations and the Mellanox-related commitments.
Read at Business Insider
Unable to calculate read time
Collection
[
|
...
]