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"China has opened an antitrust investigation into American chipmaker Nvidia, the world’s largest provider of processors that power artificial intelligence, according to Chinese state media."

China has opened an antitrust investigation into American chipmaker Nvidia, the world’s largest provider of processors that power artificial intelligence, according to Chinese state media. For more details, please check the comments below! 👇 #thelaborecon #news #tle

China Launches Antitrust Probe into NVIDIA 🇨🇳🔍 Nvidia, a tech giant, is now under the scrutiny of Chinese regulators. Learn more about the implications of this antitrust investigation and its potential impact on the global tech industry. Read here: https://lnkd.in/eAehHD42 #Nvidia #China #Antitrust #Technology #Business

China's State Administration for Market Regulation (SAMR) has initiated an antitrust investigation into U.S. chipmaker Nvidia, alleging violations of the country's anti-monopoly law. The probe also examines whether Nvidia breached commitments made during its 2020 acquisition of Israeli chip designer Mellanox Technologies. This move follows recent U.S. restrictions on semiconductor exports to China, escalating tensions between the two nations. In response, China has restricted exports of critical minerals to the U.S. and urged domestic companies to reduce reliance on American chips. Nvidia, which previously held over 90% of China's AI chip market, now faces increased competition from local firms like Huawei.

🇺🇸🖥 Nvidia faces antitrust probe - Bloomberg. The U.S. Department of Justice has sent subpoenas to Nvidia and other companies to expose the chipmaker for violating antitrust laws. The agency also ordered the companies to provide information about the deals. The US authorities have received complaints that Nvidia “makes it difficult for customers to switch to other chipmakers and punishes those who use other people's artificial intelligence chips.” The giant's shares plunged by $279 billion on Tuesday, a record drop for the company. But the main reason was revenues that did not meet high expectations in a recent report. Source: https://lnkd.in/e5RAuxDs #NVDA #ElectronicTechnology #Semiconductors

#LiminalWarfare Chinese authorities said on Monday they have launched an investigation into United States-based chip giant Nvidia Corp. over suspected violations of the country's anti-monopoly law, in a move that will likely be seen as a retaliatory move against Washington's recent chip curbs. The State Administration for Market Regulation (SAMR) said the U.S. chipmaker is also suspected of violating commitments it made during its acquisition of Mellanox Technologies Ltd, according to terms outlined in the regulator's 2020 conditional approval of that deal. It did not elaborate on how Nvidia might have violated China's anti-monopoly laws. Nvidia did not immediately respond to a request for comment. The company's shares fell 2.2% in premarket trading after the Chinese regulator's announcement.

China has officially opened an antitrust investigation into Nvidia, the American chipmaker known for being the world’s largest provider of processors. This development marks a significant escalation in the ongoing tensions between the U.S. and China regarding the semiconductor industry. Here are some key points regarding the investigation: 1. Regulatory Body: The investigation is being conducted by China’s State Administration for Market Regulation. 2. Focus if the Probe: The inquiry is contered on potential violations of antitrust laws, particularly related to Nvidia’s acquisition of Mellonox and other business practices. 3. Context: This move follows the U.S. launching its third crackdown in three years on China’s semiconductor sector, highlighting the intensifying competition and regulatory scrutiny in the tech industry. This investigation could have significant implications for Nvidia and the broader semiconductor market, as it reflects the increasing regulatory pressure both companies face in their respective countries.

Nvidia again part of the long-running trade tech-war between China and US. The issue Last December 9th, China has initiated an antitrust investigation into Nvidia, wellknown leading American chipmaker, over suspected violations of the country's anti-monopoly laws. This inquiry, announced by China's State Administration for Market Regulation (SAMR), particularly focuses on Nvidia's $6.9 billion ..... https://lnkd.in/e3sT73VG

Nvidia Faces Antitrust Probe in China—What It Means for the Tech Giant's Future https://lnkd.in/gxVQbSSx #thesiliconreview #LatestNews #BreakingNews #Nvidia #AntitrustProbe #ChinaTech #FutureOfTech #RegulatoryChallenges

Intel’s EU Antitrust Fine Overturned by Court Intel has seen a major EU antitrust fine, originally set at €1.06 billion (around $1.45 billion) in 2009, overturned by the European Court of Justice. The penalty stemmed from accusations of Intel using "conditional rebates" to deter PC manufacturers from using competitors' chips. The court ruled against the European Commission’s appeal of a 2022 decision, which had annulled the original fine, finding insufficient evidence of anti-competitive behavior. However, Intel is still accountable for "naked restrictions," leading to a separate $400 million fine last year for restricting competitors’ access to the market. For more details, visit: https://lnkd.in/dAJG5utW #Intel #Antitrust #EUDecision #TechNews #CompetitionLaw #TechIndustry #MarketAccess #regulatorynews