China’s State Administration for Market Regulation has initiated an antitrust investigation into American chipmaker Nvidia over potential anti-monopoly violations, reported Bloomberg.
The American chipmaker is being scrutinised for its latest actions and its acquisition of Mellanox Technologies.
This inquiry comes as tensions between the US and China escalate.
The probe can also be centred on Nvidia’s adherence to situations set by China throughout its $7bn acquisition of Mellanox in 2020.
These situations required Nvidia to deal with Chinese corporations pretty and share details about new merchandise.
Nvidia was cited by the information company as saying in an announcement that the corporate is “joyful to reply any questions regulators might have about our enterprise”.
“Nvidia wins on benefit, as mirrored in our benchmark outcomes and worth to clients, and clients can select no matter resolution is finest for them. We work onerous to offer the perfect merchandise we will in each area and honor our commitments all over the place we do enterprise.”
The US has taken steps to hinder China’s development in semiconductor expertise, together with prohibiting Nvidia from promoting its top-tier chips in China.
In response, China imposed export bans on sure supplies with technological and army makes use of.
Earlier in 2024, the US Justice Department launched a probe into Nvidia’s enterprise practices, expressing issues over potential antitrust violations.
In Europe, France’s antitrust head, Benoit Coeure, indicated that Nvidia may face antitrust prices, and the European Union has additionally commenced a preliminary investigation into alleged anti-competitive practices in AI chips.
Earlier in December 2024, Reuters reported that Taiwan Semiconductor Manufacturing (TSMC) was in negotiations with NVIDIA to fabricate its Blackwell synthetic intelligence chips at TSMC’s upcoming facility in Arizona, the US.
“Nvidia faces antitrust probe in China” was initially created and printed by Verdict, a GlobalData owned model.
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