Nvidia targeted by China in new chip war probe

Published On Dec 9, 2024, 9:10 AM

China has initiated an investigation into Nvidia, accusing the company of anti-monopoly violations. This follows ongoing tensions between the US and China over the semiconductor industry and comes after the US imposed new restrictions on exports to Chinese tech firms. Nvidia, which now heavily focuses on AI chip development, recognized that 13% of its sales come from China, a figure that has declined due to US restrictions. The geopolitical climate and increasing scrutiny from regulators pose challenges for Nvidia, particularly in the context of its growth strategy and market positioning.