Tech: China accuses Nvidia of violating anti-monopoly law

China will continue a probe into Nvidia after findings from a preliminary probe suggested the company had violated Beijing’s anti-monopoly law.

Transcript

00:00China says it will continue its investigation into U.S. chipmaker NVIDIA

00:05after findings from a preliminary investigation suggested

00:09the company violated the country's anti-monopoly law.

00:13The State Administration for Market Regulation says it has evidence

00:17but did not specify the nature of the violations.

00:22Under China's antitrust law, companies can be fined between 1 to 10 percent

00:26of their previous year's sales.

00:29NVIDIA reported US$17 billion in revenue from China last year,

00:33accounting for 13 percent of its total.

00:36China opened its inquiry late last year,

00:39focusing on NVIDIA's 2020 takeover of Israeli network solution firm Mellanox.

00:44The probe had been widely seen as a retaliatory shot

00:48against Washington's curb on the Chinese chip sector.

00:51Beijing has also opened two other investigations,

00:54one targeting U.S. analog chips and another into American policies

00:58that it says unfairly hurt China's semiconductor industry.