"China accused Nvidia on Monday of violating the country's antimonopoly laws and said it would step up scrutiny of the world's leading chipmaker, escalating tensions with Washington as the two countries hold trade talks this week.Chinese regulators said they would carry out "further investigation" into Nvidia after a preliminary investigation found that the company breached regulations when it made a years-old acquisition."
"The one-sentence statement from the State Administration for Market Regulation statement said the investigation centered on Nvidia's purchase of network and data transmission company Mellanox Technologies.Nvidia didn't respond immediately to a request for comment.Regulators said last year that they were investigating the company for suspected violations stemming from the $6.9 billion acquisition of Mellanox that was completed in 2020."
"The decision ratchets up pressure on the U.S. as officials from Washington hold trade talks in Spain with Beijing's representatives, and follows other moves by Beijing to increase scrutiny of the U.S. chip industry.On Saturday, China's Ministry of Commerce said it was carrying out an antidumping investigation into certain analog IC chips imported from the U.S., including commodity chips commonly made by companies such as Texas Instruments and ON Semiconductor."
Chinese regulators opened an investigation into Nvidia for alleged violations of antimonopoly laws related to its acquisition of Mellanox Technologies and said they would carry out further investigation. The inquiry focuses on the $6.9 billion Mellanox purchase completed in 2020 and follows a preliminary finding that the company breached regulations. Regulators said Nvidia did not respond immediately to a request for comment. The move increases pressure on the United States as officials hold trade talks in Spain, while Beijing also launched an antidumping probe into certain analog IC chips from the U.S. and an antidiscrimination probe into U.S. measures against China's chip sector.
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