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   CONSPRCY      How big is your tinfoil hat?      2,445 messages   

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   Message 1,752 of 2,445   
   Mike Powell to All   
   China accuses Nvidia of b   
   16 Sep 25 10:35:13   
   
   TZUTC: -0500   
   MSGID: 1501.consprcy@1:2320/105 2d2ebf8e   
   PID: Synchronet 3.21a-Linux master/123f2d28a Jul 12 2025 GCC 12.2.0   
   TID: SBBSecho 3.28-Linux master/123f2d28a Jul 12 2025 GCC 12.2.0   
   BBSID: CAPCITY2   
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   FORMAT: flowed   
   China accuses Nvidia of breaking anti-monopoly rules ahead of trade talks    
   with US   
      
   Date:   
   Mon, 15 Sep 2025 18:46:00 +0000   
      
   Description:   
   China says Nvidia has violated agreements made during its acquisition of   
   Mellanox Technologies.   
      
   FULL STORY   
      
   Chinas State Administration for Market Regulation (SAMR) has accused Nvidia    
   of violating an anti-monopoly law, launching a preliminary probe into the US   
   tech giant.    
      
   The violations allege that Nvidia has broken commitments made in 2020 when it   
   acquired Mellanox Technologies for $6.9 billion, however details of the   
   violations have not been shared.    
      
   If found guilty, Nvidia could face a fine worth between 1% and 10% of its   
   prior year sales in a market thats hugely important to it (accounting for   
   around 13% of its total revenue last fiscal year).   
      
   Nvidia could be in trouble in China   
      
   The news comes as the US and China prepare for trade talks in Madrid, with   
   chips expected to be central to discussions. China has also launched a   
   discrimination investigation into US chip restrictions, questioning Tencent   
   and ByteDance over their Nvidia H20 chip purchases.    
      
   Recently, after preliminary investigation, Nvidia violated the Antimonopoly   
   Law of the People's Republic of China and the Announcement of the General   
   Administration of Market Supervision on the Anti-monopoly Review Decision on   
   the Approval of NVIDIA's Acquisition of the Equity of Mylos Technology Co.,   
   Ltd. under Additional Restrictions, and the General Administration of Market   
   Supervision decided to conduct further investigation into it in accordance   
   with the law, SAMR shared (translated).    
      
   Despite ongoing geopolitical tensions between China and the US, Nvidia CEO   
   Jensen Huang has previously advocated for continued chip sales to China,   
   warning that Chinese firms like Huawei could fill the gap and cost the US   
   billions in trade.    
      
   As a result, Nvidia has secured a deal with the US government to resume sales   
   to China, at the cost of 15% of its revenue. China-specific H20 chips are   
   still believed to be off sale, but scaled-down Blackwell chips could be   
   approved. The company generated $17 billion in revenue from China alone last   
   fiscal year.    
      
   Nvidia shares dropped 2-3% in pre-market trading following the SAMR   
   announcement. TechRadar Pro has asked Nvidia for a comment, but we did not   
   receive an immediate response.   
      
   ======================================================================   
   Link to news story:   
   https://www.techradar.com/pro/china-accuses-nvidia-of-breaking-anti-monopoly-r   
   ules-ahead-of-trade-talks-with-us   
      
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