Nvidia shares fall after China opens investigation over possible violation of antimonopoly law
2024-12-10 09:44:24 source：CNBC
December 9, 2024
Nvidia shares were under pressure Monday after a regulator in China said it was investigating the chipmaker over possible violations of the country’s antimonopoly law.
Shares ended the session lower by about 2.6%.
The State Administration for Market Regulation opened an investigation into the chipmaker in relation to the acquisition of Mellanox and some agreements made during the acquisition, the Chinese government said Monday. Nvidia acquired the Israeli technology company that creates network solutions for data centers and servers in 2020.
Read more:
https://www.cnbc.com/2024/12/09/nvidia-shares-fall-after-china-opens-investigation-over-possible-violation-of-antimonopoly-law.html