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China says NVIDIA's Mellanox acquisition violated antitrust law
The preliminary finding was announced amid trade talks between China and the US.
According to Financial Post sources, the regulator held off from releasing its statement until now, as trade talks with the US take place in Madrid, with the idea of giving Chinese officials more leverage. Last month, it was reported that China was discouraging companies in the country from buying NVIDIA's H20 chips pending a national security review. After the US allowed NVIDIA to start offering chips to China again in July following a three-month ban, Lutnick said the company wasn't going to be selling its most cutting-edge tech there.
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