Nvidia CEO Jensen Huang is currently touring China, a move that's being closely watched given the ongoing antitrust probe into the company. China's State Administration for Market Regulation launched the investigation into Nvidia over suspected anti-monopoly law violations, particularly regarding its 2020 acquisition of Mellanox Technologies.
This probe is widely seen as a retaliatory measure against the US, which recently imposed its third round of crackdowns on China's semiconductor industry. The US restrictions have affected over 140 Chinese companies, including chip equipment makers.
Nvidia has been impacted by the US-China trade tensions, with its AI chip sales to China being restricted. The company has since developed China-specific versions of its AI chips that comply with US export controls.
The antitrust probe into Nvidia is likely to have significant implications for the global tech industry, which is already experiencing tensions between the US and China. Some analysts view the probe as a strategic move by China to assert its influence in the tech sector.
