China opens probe into Nvidia, accusing company of violating its anti-monopoly law

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The action follows the Biden administration’s announcement of new limits on the ability of Chinese firms to use U.S.-made chips. China on Monday accused U.S. chipmaker Nvidia of violating its anti-monopoly law, a move likely to escalate already-tense trade relations between the two countries as President-elect Donald Trump prepares to take office for a second time. China’s state market regulatory arm said the probe is related to Nvidia’s 2019 acquisition of Mellanox, a global supplier of computer networking equipment. China had conditionally approved that acquisition in 2020. A Nvidia spokesperson did not immediately respond to a request for comment. The [Read More…]