- The China Market Regulator (SAMR) has launched an investigation into NVIDIA
- Alludes to the violations of the agreements made during the acquisition of Mellanox
- Nvidia’s shares have dropped 2-3%, the company has not yet responded
The State Mercado Regulation Administration (SAMR) accused Nvidia of violating an antimonopoly law, launching a preliminary investigation into the United States technological giant.
The violations claim that Nvidia has broken the commitments in 2020 when she acquired Mellanox Technologies for $ 6.9 billion, however, the details of the violations have not been shared.
If he declares himself guilty, Nvidia could face a fine for a value of between 1% and 10% of his previous year sales in a market that is very important for him (which represents around 13% of his total income the last fiscal year).
Nvidia could be in trouble in China
The news comes when the United States and China are preparing for commercial conversations in Madrid, and the french fries are expected to be central to discussions. China has also launched a discrimination investigation into the US chips restrictions. UU., Questioning the Tencent and the bytepte about its purchases of Nvidia H20 chips.
“Recently, after a preliminary investigation, Nvidia violated the Antimonopoolio Law of the People’s Republic of China and the announcement of the General Market Supervision Administration on the Decision of Anti -Penopoolio Review on the approval of the approval of the Nvidia Supervision of the Equity of Mylos Technology Co., Ltd. (translated).
Despite the continuous geopolitical tensions between China and the US, the CEO of Nvidia, Jensen Huang, has previously advocated for the continuous sales of chips to China, warning that Chinese companies such as Huawei could fill the gap and cost the United States billions in trade.
As a result, Nvidia has ensured an agreement with the United States government to resume sales to China, at the cost of 15% of its income. It is still believed that Chinese H20 chips are out of sale, but scaled Blackwell chips could be approved. The company generated $ 17 billion in China income only the fiscal year for the last fiscal year.
Nvidia’s shares fell 2-3% in the prior negotiation to the market after Samr’s announcement. Techradar Pro He has asked Nvidia, but we don’t receive an immediate response.