"LONDON -- 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 held trade talks this week. Chinese regulators said a preliminary investigation found that Nvidia didn't comply with conditions imposed when it purchased Mellanox Technologies, a network and data transmission company."
"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. The ministry also announced a separate antidiscrimination probe into U.S. measures against China's chip sector. A day earlier, the U.S. had sanctioned two Chinese companies accused of acquiring equipment for major Chinese chipmaker SMIC."
China accused Nvidia of breaching national antimonopoly laws and announced plans to intensify scrutiny of the company. Chinese regulators reported a preliminary finding that Nvidia failed to meet conditions tied to its acquisition of Mellanox Technologies. Nvidia stated it complies with the law and will cooperate with agencies evaluating export controls' effects on commercial markets. Regulators began probing the $6.9 billion Mellanox deal in December; the acquisition closed in 2020 after conditional approval. The move coincided with U.S.-China trade talks and followed additional Chinese probes and U.S. sanctions targeting semiconductor trade and equipment.
Read at ABC7 Los Angeles
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