windy00
2024-12-10

$NVIDIA Corp(NVDA)$ fell Monday after China said it is investigating the high-flying U.S. microchip company over suspected violations of Chinese anti-monopoly laws.

In a brief news release with few details, Chinese regulators appear to be focusing on Nvidia’s $6.9 billion acquisition of network and data transmission company Mellanox in 2019.

Nvidia shares fell 2.6% Monday.

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