China on Monday announced that US chipmaker Nvidia has been found in violation of the country’s anti-monopoly law, prompting regulators to launch a further probe into the company’s activities.
The State Administration for Market Regulation (SAMR), Beijing’s top market watchdog, said in a statement that a preliminary investigation had established that Nvidia Corporation breached China’s Anti-Monopoly Law.
“The SAMR has therefore decided to conduct a further investigation into the matter in accordance with the law,” the agency said, without giving specific details of the alleged violations.
The announcement comes just as bilateral trade talks between Beijing and Washington entered a second day in Madrid, where officials are working to narrow differences over a host of economic and geopolitical disputes.
Nvidia, the world’s leading artificial intelligence chipmaker, reported earnings last month that raised questions about its business outlook in China. The company’s operations in the country have already come under pressure amid tightening US export restrictions on advanced semiconductor technology.
The probe underscores the deepening US–China rivalry in the semiconductor sector, a critical industry viewed by both sides as central to future economic and security interests.