China’s market regulator says a preliminary probe found US chip giant Nvidia violated the country’s anti-monopoly law, citing commitments tied to its $6.9 billion Mellanox acquisition. The move could expose Nvidia to fines of up to 10% of annual sales — with China making up $17 billion of its revenue last year. This comes as US and Chinese officials meet for high-stake trade talks in Madrid.
China Accuses Nvidia of Breaking Monopoly Law Amid Escalating Chip Tensions #shorts

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