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    China launches investigation into US chipmaker Nvidia | Technology News

    Team_NewsStudyBy Team_NewsStudyDecember 10, 2024 Latest News No Comments4 Mins Read
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    Taipei, Taiwan – China has launched an antitrust investigation into chip large Nvidia in what seems to be Beijing’s newest act of retaliation towards Washington’s sanctions on Chinese language tech firms.

    Chinese language state media stated on Monday that the California-based chipmaker was being investigated by the State Administration for Market Regulation for doubtlessly violating China’s antimonopoly legal guidelines.

    Regulators may also assessment the corporate’s $6.9bn acquisition of Mellanox Applied sciences, an Israeli-American provider specialising in pc networking merchandise, state media experiences stated, with out offering additional particulars.

    Chinese language regulators accredited the deal in 2020 with a number of restrictive situations, together with a provision that Nvidia wouldn’t discriminate towards Chinese language suppliers.

    Nvidia, which designs superior chips used to energy synthetic intelligence (AI), is without doubt one of the world’s most respected firms, with a market capitalisation of greater than $3.4 trillion.

    The corporate’s dominance within the AI chips, nonetheless, has drawn scrutiny from regulators, together with in america.

    Earlier this 12 months, the US Division of Justice launched its personal antitrust investigation into Nvidia, the tech information outlet The Info reported in August, citing folks acquainted with the matter.

    Shares of Nvidia closed 2.55 % decrease on Monday following the information of Beijing’s probe.

    Nvidia didn’t instantly reply to a request for remark.

    China’s antimonopoly probe comes per week after the US Division of Commerce introduced its third spherical of export controls geared toward preserving superior know-how out of the palms of the Chinese language chip business.

    The restrictions added 140 extra Chinese language firms to the division’s Entity Listing of blacklisted companies.

    In what has turn out to be a tit-for-tat change of commerce restrictions, Beijing final week banned exports of gallium, germanium and antimony – that are used within the manufacturing of chips, photo voltaic panels and electrical automobile (EV) batteries, amongst different applied sciences – to the US.

    Ian Chong, a Singapore-based political scientist specializing in safety points, stated Beijing’s latest strikes are extra symbolic than damaging.

    “The PRC will usually goal symbolic firms or items and make an even bigger present of it than is usually the case,” Chong advised Al Jazeera, utilizing the acronym of the Individuals’s Republic of China.

    “Nvidia is so restricted from promoting within the PRC market anyway, so I’m undecided what the precise restrictions will do.”

    Chong stated the restrictions had been harking back to Beijing’s earlier bans on Australian wine and Japanese seafood, which had been used to sign anger at Canberra and Tokyo.

    In each instances, the bans didn’t embody vital exports like minerals or electronics.

    Gallium and germanium are additionally imported by the US from different international locations, together with Taiwan, Canada, South Korea, Japan and Belgium, in keeping with the availability chain consulting agency TECHCET, which has stated that solely antimony is prone to be troublesome to substitute.

    Nvidia has labored round US export controls prior to now by designing separate chips for China, the place it nonetheless earns 15 % of its income.

    The corporate has plans to companion with the Chinese language firm Inspur to distribute a brand new China-only AI chip within the second quarter of 2025, the Reuters information company reported, citing unnamed sources acquainted with the information.

    Nvidia just isn’t the one firm Beijing has focused in its commerce warfare with Washington.

    In October, the Cybersecurity Affiliation of China really helpful a safety assessment for Intel merchandise and accused the corporate of putting in backdoor surveillance options.

    Final 12 months, Chinese language regulators barred merchandise from the US reminiscence chipmaker Micron from key infrastructure after the corporate failed a safety assessment.

    Each investigations adopted probes by the US and different international locations into Chinese language tech firms Huawei and ZTE.



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