Nvidia will face no objections to its plan to acquire Israeli AI orchestration software vendor Run:ai Labs in Europe, after the European Commission gave the deal its approval Friday.
The investigation against Nvidia is seen as a reaction to the increasing chip export restrictions imposed by the U.S. government.
Nvidia shares moved lower Monday after China's State Administration for Market Regulation said it is investigating the chipmaking giant for potential violations of Chinese anti-monopoly laws.
China has launched an antitrust investigation into Nvidia, alleging monopoly practices in AI chips, but analysts predict limited short-term financial impact and suggest the case may remain unresolved amid geopolitical tensions.
Nvidia shares slid about 2% in early market trading Monday morning after China announced it was opening an investigation into one of the world’s most valuable companies over potential antitrust law violations.
China's State Administration for Market Regulation, the main antitrust authority, is also delaying approval of Synopsys' ( NASDAQ:SNPS) planned $35 billion acquisition of Ansys ( NASDAQ:ANSS ), the report noted. SAMR also started looking at two past acquisitions involving Coherent (COHR), formerly known as II-VI.
NVIDIA Corporation (NASDAQ: NVDA) shares continued to slide on Tuesday, falling more than 3% after a Chinese regulator announced that it was investigating the chipmaker for possible violations of
Amid heightened US-China chip tensions, Chinese regulators have launched an antitrust investigation into Nvidia, alleging that the US chip giant has violated the terms of its 2020 acquisition of Israeli networking company Mellanox Technologies.
The State Administration for Market Regulation's probe is related to Nvidia's acquisition of Mellanox Technologies in 2020.
The country’s State Administration for Market Regulation has launched a probe into whether Nvidia’s acquisition of Israeli chip designer Mellanox Technologies violated anti-monopoly laws ...
Explore how NVIDIA became the leader in AI chips, the challenges it faces from competitors like AMD and Intel, and the impact of China's antitrust investigation.