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.

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.

On Thursday, White House AI and crypto czar David Sacks urged Washington to update export control policies, warning that restricting U.S. companies like Nvidia Corp. (NASDAQ:NVDA) from selling chips abroad could hand Chinese companies such as Huawei

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.

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 laid down a roadmap for its Ascend AI chips, an increasingly important product for the company, and China as a whole, amid the U.S.-China tech arms race.

Huawei said on Thursday it would roll out four new iterations of its Ascend AI chip over the next three years, breaking years of secrecy to reveal its chipmaking progress and ambitions to compete against Nvidia for the first time.