Breaking China vs. Nvidia: A New Strike in the Tech War? 🇨🇳⚡️
China has launched an antitrust investigation into Nvidia, claiming violations in its $7 billion Mellanox acquisition. Allegations include discrimination against Chinese companies and delays in providing advanced technologies to competitors.
This comes amid the ongoing U.S.-China chip war, where the U.S. restricted Nvidia’s advanced chip exports to China, and China retaliated by banning key semiconductor materials. Nvidia’s stock has already dropped 2.5%, signaling the market’s concerns.
For Nvidia, this isn’t just politics — China accounts for 16% of its revenue. Losing access to the market could affect even their impressive performance: 94% revenue growth and $19 billion in profit last year.
🤔 Question: Has China really found Nvidia’s weak spot, or is this just another move in the race for technological dominance?
