Nvidia shares slide after China launches probe of suspected anti-monopoly violations
Briefly

from New York Post2 months ago
"Nvidia's shares have surged this year with the California company revenue and profit soaring on AI demand... The company posted revenue of $35.08 billion, up 94% from last year."
New York Posthttps://nypost.com/2024/12/09/business/nvidia-shares-slide-after-china-launches-probe-of-suspected-anti-monopoly-violations/
"In a brief press release, Chinese regulators appear to be focusing on Nvidia's $6.9 billion acquisition of Mellanox in 2019, indicating potential anti-monopoly concerns."
New York Posthttps://nypost.com/2024/12/09/business/nvidia-shares-slide-after-china-launches-probe-of-suspected-anti-monopoly-violations/
Read at New York Post
#nvidia #china-regulator #antitrust-investigation #ai-demand #microchip-industry
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