Nvidia Faces Chinese Antitrust Scrutiny Amid Tech Cold War

As of December 2024, China’s State Administration for Market Regulation has launched an antitrust investigation into US chip giant Nvidia, probing its $6.9B acquisition of Mellanox Technologies from 2020. This move comes hot on the heels of recent US export restrictions targeting Chinese tech firms, sending Nvidia’s shares tumbling by 3%. With domestic rivals like Huawei gaining ground, Nvidia finds itself navigating a high-stakes game of geopolitical chess—hopefully without overheating!