China targets Nvidia with antitrust probe, escalates US chip tensions
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1 month ago

China targets Nvidia with antitrust probe, escalates US chip tensions

Deccan Chronicle  

Beijing: China said on Monday it has launched an investigation into Nvidia over suspected violations of the country's anti-monopoly law, a probe widely seen as a retaliatory shot against Washington's latest curbs on the Chinese chip sector. The statement from the State Administration for Market Regulation announcing the probe did not elaborate on how the U.S. company, known for its artificial intelligence and gaming chips, might have violated China's anti-monopoly laws. The investigation comes after the U.S. last week launched its third crackdown in three years on China's semiconductor industry, which saw Washington curb exports to 140 companies, including chip equipment makers. The last time China launched an anti-monopoly probe into a high-profile foreign technology firm was in 2013, when it investigated Qualcomm's QCOM.O local subsidiary for overcharging and abusing its market position in wireless communication standards.

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