Stock price plummets! NVIDIA is suspected of violating China's antitrust law, and the State Administration for Market Regulation has decided to file an investigation in accordance with the law

LB Select
2024.12.09 11:44
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NVIDIA is suspected of violating the Anti-Monopoly Law of the People's Republic of China and the Announcement on the Antitrust Review Decision of the State Administration for Market Regulation regarding the approval of NVIDIA's acquisition of shares in Mellanox Technologies, Inc. with additional restrictive conditions

NVIDIA pre-market plummets by 2.5%:

Recently, due to NVIDIA Corporation's suspected violation of the Anti-Monopoly Law of the People's Republic of China and the announcement by the State Administration for Market Regulation regarding the antitrust review decision on the acquisition of shares in Mellanox Technologies, Ltd. (State Administration for Market Regulation Announcement [2020] No. 16), the State Administration for Market Regulation has legally initiated an investigation into NVIDIA Corporation.

Source: Shiyue Xin Yu

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