Nvidia Faces China Antitrust Probe As U.S. Policy Shifts Add Pressure

Nvidia is facing deepening challenges in China as Beijing expands an antitrust probe while Washington’s shifting policies add uncertainty, according to Benzinga. China’s market regulator said Nvidia violated anti-monopoly commitments from its 2020 Mellanox deal, putting 13% of its China revenue at risk as the probe continues. The probe comes as U.S. and Chinese officials hold trade talks in Madrid. Nvidia’s China troubles began in December 2024 when regulators launched a probe alleging bundling practices and discriminatory terms that harmed Chinese buyers. Nvidia has also been hit by U.S. export restrictions, a $5.5 billion write-down, and declining China sales. Domestic rivals like Huawei, Alibaba, and Baidu are gaining ground, with analysts forecasting Nvidia’s market share in China could fall from two-thirds to about half. Nvidia’s shares fell 0.3% to $177.22 on Monday, according to Benzinga Pro.