China Targets Nvidia (NVDA) For Potential Breaches of Anti-Monopoly Law
China has opened a probe into Nvidia Corp. over suspicions that the US chipmaker broke anti-monopoly laws around a landmark 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., China Central Television said in a report on Monday. Beijing gave approval for the deal four years ago, o...
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