Chinese regulators have accused Nvidia Corp. of breaching the country’s antitrust laws after a preliminary review of its 2020 acquisition of Mellanox Technologies Ltd., escalating a case that could result in significant financial penalties for the U.S. chip giant.
The State Administration for Market Regulation (SAMR) said Monday that Nvidia failed to comply with conditions imposed when Beijing conditionally approved the $6.9 billion purchase of Mellanox, an Israel-U.S. supplier of high-speed networking equipment.
