
25/12/2024
🚨 Breaking 🚨
China has launched an antitrust investigation into Nvidia, focusing on its 2019 purchase of Mellanox Technologies. Regulators are checking if Nvidia followed the conditions set during the deal's approval.
This comes amid rising U.S.-China tensions in the chip industry, with the U.S. imposing restrictions on China’s access to advanced semiconductors. Nvidia’s stock dropped after the news, raising concerns about potential impacts on its business.
The investigation highlights the growing tech rivalry between the two nations, which could affect global semiconductor supply chains.
Source: https://www.barrons.com/articles/nvidia-stock-rises-slump-broadcom-china-29d616fe?mod=Searchresults