China launches antitrust investigation against Nvidia

09.12.2024, Beijing.

China’s State Administration for Market Regulation initiated an antitrust investigation against the US graphics accelerator manufacturer Nvidia, China Central Television informed on December 9.

The report notes that Nvidia is suspected of violating the “Anti-Monopoly Law,” particularly concerning the purchase conditions of the company Mellanox.

“The State Administration for Market Regulation of the PRC has initiated an investigation against Nvidia in accordance with the law,” the company stated.

Nvidia was founded in 1999 and produces graphics accelerators, which are now actively used in the field of artificial intelligence. The company’s stock value has surged, and it is currently the most valuable company in the world.

Source: Rossa Primavera News Agency