China Launches Antitrust Probe Into Nvidia Amid U.S.-China Chip War
- THE CHINA NOW
- Dec 9, 2024
- 2 min read
Summary
China’s antitrust regulator has launched an investigation into U.S. chipmaker Nvidia over alleged violations of anti-monopoly law.
The probe comes amid escalating U.S.-China tech tensions following Washington's latest chip export curbs.
Nvidia’s shares fell 2.2% in pre-market trading after the announcement.
Beijing has launched an antitrust investigation into U.S. chip giant Nvidia, accusing the company of potentially violating China’s anti-monopoly law. This action, announced by the State Administration for Market Regulation (SAMR), comes amid intensifying U.S.-China tech tensions following Washington's latest semiconductor export restrictions.
