China Launches Nvidia Antitrust Probe Amid US-China Trade Talks

Chinese regulators announced Monday they will conduct a formal investigation into Nvidia for alleged antimonopoly violations related to its 2020 acquisition of Mellanox Technologies. The State Administration for Market Regulation issued a brief statement indicating that preliminary findings suggested the American semiconductor company had breached regulations. This regulatory action comes as officials from both nations engage in scheduled trade discussions in Madrid this week.