China’s market regulator on Monday accused Nvidia of violating Chinese antimonopoly laws and said it would continue investigating the leading U.S. chipmaker.

The State Administration for Market Regulation issued a brief statement on Monday saying a “preliminary investigation” found Nvidia in violation of the Chinese law in connection to its $6.9 billion acquisition of Mellanox Technologies, an Israeli-American network and data transmission company.

Beijing approved the deal, which was completed in 2020, after Nvidia agreed to certain conditions, including a guarantee to supply its chips to China. The Biden administration, however, put restrictions on exports of some top AI chips to China, putting Nvidia in a tough spot.

The one-sentence statement did not detail any alleged violations ag

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