Summary
China has accused Nvidia of breaking its antimonopoly laws related to Nvidia's purchase of Mellanox Technologies. The accusation comes as China and the U.S. are holding trade talks, which focus on several issues including tariffs and national security.
Key Facts
- China claims Nvidia violated antimonopoly rules tied to buying Mellanox Technologies in 2020.
- Chinese authorities are increasing their oversight of Nvidia and other U.S. tech companies.
- The case is linked to broader U.S.-China trade talks happening in Spain this week.
- The agreement for Nvidia’s acquisition of Mellanox had received conditional approval from China.
- China’s Ministry of Commerce is also investigating U.S. chip companies for dumping, a practice where products are sold cheaply abroad, harming local industries.
- Nvidia’s technology is central to the ongoing trade competition between the U.S. and China.
- The U.S. government has previously imposed limits on the types of chips that Nvidia can export to China.
