Trade tensions between China and the U.S. regarding semiconductors just got even more strained.
On Monday, China’s State Administration for Market Regulation ruled that semiconductor giant Nvidia was in violation of the country’s antitrust regulations, as first reported by Bloomberg . The ruling was in reference to Nvidia’s 2020 acquisition of Mellanox Technologies , a computer networking supplier, for $7 billion.
An Nvidia spokesperson supplied the following statement, “We comply with the law in all respects. We will continue to cooperate with all relevant government agencies as they evaluate the impact of export controls on competition in the commercial markets.”
China didn’t announce any consequences tied to its findings and will continue to investigate. Still, the ruling is like