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Nvidia shares drop after China opens investigation over doable violation of antimonopoly regulation

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NVIDIA founder, President and CEO Jensen Huang speaks about the way forward for synthetic intelligence and its impact on power consumption and manufacturing on the Bipartisan Policy Center on September 27, 2024 in Washington, DC.

Chip Somodevilla | Getty Images

Nvidia shares have been underneath strain within the premarket Monday after a Chinese regulator mentioned it was investigating the chipmaker over doable violations to the nation’s antimonopoly regulation.

The State Administration for Market Regulation opened an investigation into the chipmaker, the Chinese authorities mentioned Monday.

Nvidia didn’t instantly reply to a request for remark.

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