this post was submitted on 09 Dec 2024
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Economics

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Nvidia shares fall as China launches antitrust investigation into company (www.theguardian.com)
submitted 1 week ago by MicroWave to c/economics
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Summary

China launched an antitrust investigation into Nvidia, accusing the US chipmaker of violating anti-monopoly laws and commitments made during its acquisition of Mellanox Technologies.

The investigation is seen as retaliation against the US’s latest curbs on the Chinese chip sector.

Nvidia’s shares fell following the announcement, highlighting the escalating tensions between the two tech superpowers.

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