The State Administration for Market Regulation (SAMR) in China has opened a preliminary investigation confirming that Nvidia has violated antitrust laws in connection with the acquisition of Mellanox in 2020. Nvidia's shares fell by 2% in pre-market trading, and the investigation could complicate trade relations between the US and China. The technological tensions between the two countries are rising, and Nvidia has faced recent difficulties in the Chinese market, including export restrictions. CEO Jensen Huang emphasized the importance of sales in China for the artificial intelligence market.
Sources
Latest News
11:05
Sorin Grindeanu: “The Social Democratic Party has decided that it is willing to take responsibility, to govern with a minority cabinet or in a coalition”
10:54
Ukrainian attack with more than 700 drones on Russia. Massive fires at a refinery and a warehouse belonging to the Ozon company
10:38
The leader of Saudi Arabia called Donald Trump twice to request strikes against the Houthi rebels in Yemen / The American president refused him both times (Axios)
10:35
General of the Romanian Army, found shot in the head, in Prahova County
10:24
Nadia Comăneci joins the jury of „Românii au talent” and searches for new talent for season 17
See more news