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|    CONSPRCY    |    How big is your tinfoil hat?    |    2,445 messages    |
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|    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       CHRS: ASCII 1       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              $$       --- SBBSecho 3.28-Linux        * Origin: capitolcityonline.net * Telnet/SSH:2022/HTTP (1:2320/105)       SEEN-BY: 105/81 106/201 128/187 129/14 305 153/7715 154/110 218/700       SEEN-BY: 226/30 227/114 229/110 111 206 300 307 317 400 426 428 470       SEEN-BY: 229/664 700 705 266/512 291/111 320/219 322/757 342/200 396/45       SEEN-BY: 460/58 712/848 902/26 2320/0 105 304 3634/12 5075/35       PATH: 2320/105 229/426           |
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