China Launches Anti-Monopoly Probe into Nvidia Amid Rising US-China Chip Tensions

Dec 15, 2024, 02:30 AM

China has initiated an anti-monopoly investigation into Nvidia, a leading semiconductor manufacturer, amid escalating tensions in the US-China chip industry. This move follows the United States' recent efforts to tighten controls on China's access to advanced semiconductor technology. Analysts suggest that the investigation signals China's response to being targeted by trade and technology sanctions. The probe is perceived as part of a broader strategy by China to assert its position in the semiconductor sector and may pave the way for future negotiations with the Trump administration. This comes after China banned the export of rare minerals to the US, further intensifying the economic rivalry between the two nations.