China has accused Nvidia of violating the country’s anti-monopoly law, the latest escalation in its trade war with the United States that has claimed the US-based chipmaker as collateral damage.

The allegation by China’s market regulator on Monday was made after what it said was a preliminary probe into Nvidia’s business practices , and comes as the two countries held trade talks in Madrid, Spain, where chips were expected to be on the agenda.

US Treasury Secretary Scott Bessent called the announcement from China’s State Administration for Market Regulation (SAMR) “poor timing”, a move analysts said gave China leverage in the trade talks.

The two countries have traded barbs over the past six months since US President Donald Trump hit China with massive tariffs, before lowering them to

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