Regulators accuse NVIDIA of violating Chinese antitrust laws against chip maker Mellanox. In preliminary findings of the investigation the National Government of Regulations (SAMR) claims that the company violated the terms of the national regulations and the conditions outlined by China, outlining the $6.9 billion acquisition. As the investigation continues, SAMR has not announced any penalties.
It is said that SAMR has confirmed its initial findings a few weeks ago. according to Sources, the regulator has been unable to make a statement so far because of a conversation with the U.S. in Madrid, which is to give Chinese officials more leverage ideas. (So far, these conversations have led to )
Nvidia and Mellanox Back in 2019. China approved it in April of the following year on condition that NVIDIA continues to supply GPU and interconnect products to the country and comply with the “principles of fairness, rationality and non-discrimination”. .
Last month, it was reported that China was discouraged The country’s companies that buy NVIDIA’s H20 chips are awaiting national security review. Officials are said to have offended in a speech by U.S. Commerce Secretary Howard Lutnick. After the U.S. allows Nvidia to provide chips to China again in July Lutnik said the company won’t sell its cutting-edge technology there.
He told him: “We are not going to sell them the best thing, not our second best thing, not even our third place. CNBC. “The idea is that Chinese people have the ability to build their own abilities. You want to keep one step ahead of what they can build so that they can continue to buy our chips. You want to sell Chinese people enough to indulge their developers in the US technology stack.”
