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Nvidia is the latest chess piece in the US-China tech war [Yahoo! Finance Canada]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
On Monday, China announced it is launching an antitrust probe into Nvidia's $7 billion acquisition of networking technology company Mellanox. The State Administration for Market Regulation, China's competition authority , says it's looking into whether Nvidia is abiding by the terms of its conditional approval of the 2020 deal, which called for the chip giant to treat Chinese companies the same as any other businesses. Nvidia uses Mellanox's networking hardware to connect its powerful graphics chips in large servers, allowing them to function as one massive AI processing system. It's not clear how Nvidia is violating the terms of the deal, though the US government has forced Nvidia to stop sales of its most powerful products to China-based customers. The probe follows a series of US actions seeking to curb China's ability to access American-designed and built AI chips over fears that they could end up in the hands of the Chinese military. Part of that includes cutting China of
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