China has filed formal charges against Nvidia, the American semiconductor giant, for alleged violations of antitrust rules within the framework of an investigation led by the State Administration for Market Regulation (SAMR). An investigation is underway into the impact of Nvidia's chips, used worldwide for training artificial intelligence (AI), and should irregularities be proven, Beijing could impose severe fines ranging from 1% to 10% of the company's annual revenue.
This conflict is set against the backdrop of the trade tensions between the United States and China, where Nvidia had faced export restrictions that initially limited the delivery of its H20 chips to Beijing. Although these were resumed after an agreement that granted to the U.S. a percentage of profits from sales to the Chinese market, the regulator has also expressed concerns about compliance with previous commitments related to the acquisition of Mellanox Technologies. The situation could complicate the trade talks that both nations are carrying out, in a context of growing technological and strategic competition in the field of AI.
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