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China opens antitrust probe into Nvidia
When it comes to market capitalization, Nvidia is currently the second-biggest public company in the world, behind Apple. That’s why all eyes are on
If that name doesn’t sound familiar, in 2019, Nvidia spent nearly $7 billion to acquire Mellanox, an Israel-based company working on high-performance chips for supercomputers. Today’s investigation seems to be the latest twist in the ongoing economic conflict that opposes China and the U.S. over key technologies, including state-of-the-art GPUs for generative AI training and inference. Last week, the Biden administration announced wider trade bans on advanced technology, with a specific focus on chips that can be used for military equipment and artificial intelligence.
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