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The Independent UK
The Independent UK
National
Matt Ott

Nvidia's stock dips after China opens probe of the AI chip company for violating anti-monopoly laws

Nvidia China Intel Corporation United States

Shares of Nvidia fell Monday after China said it is investigating the high-flying U.S. microchip company over suspected violations of Chinese anti-monopoly laws.

In a brief news release with few details, Chinese regulators appear to be focusing on Nvidia's $6.9 billion acquisition of network and data transmission company Mellanox in 2019.

Nvidia shares about 3% Monday. They are still up 179% so far this year.

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