China, NVIDIA
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China says Nvidia violated antitrust rules. An analyst says it’s just ‘noise’ but shows that Nvidia’s interests could be used as leverage in broader U.S.-China trade talks.
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Nvidia Stock Forms A New Base. Is There Still Gas In Its Tank?
Nvidia stock pauses after reaching a new high. The AI stock may have room to run as Nvidia continues to expand its partnerships.
Nvidia CEO Jensen Huang said on Wednesday that Washington and Beijing "have larger agendas to work out" as the tech giant navigates the tricky politics of the U.S.-China trade war and tries to satisfy demand from companies worldwide hungry for the company's crucial AI chips.
Chinese regulators say a preliminary investigation found Nvidia violated anti-monopoly laws. The State Administration for Market Regulation also said Monday it would carry out further investigation into Nvidia's acquisition of Mellanox.
China’s market regulator on Monday said that Nvidia violated the country’s anti-monopoly law, according to a preliminary probe, adding that Beijing would continue its investigation into the U.S. chip giant. Shares of Nvidia were down around 2% in premarket trading.
Nvidia is in the middle of the US trade war with China, and as the conflict progresses, it is finding its position in China's huge market increasingly troubled.
Huawei Technologies Co. unveiled new technology, including SuperPod cluster designs and AI accelerators, to challenge Nvidia which dominates the market. Bloomberg's Annabelle Droulers reports. (Source