In a preliminary probe, China rules that Nvidia violated anti-monopoly laws by acquiring Mellanox in April 2020, as the US and China negotiate tariffs in Madrid
China ruled that Nvidia Corp. violated anti-monopoly laws with a high-profile 2020 deal, ratcheting up the pressure on Washington during sensitive trade negotiations.
Bloomberg
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$NVDA - BESSENT: CHINESE NVIDIA INVESTIGATION ANNOUNCEMENT IS POOR TIMING