NVDA
NVIDIA
-- 128.899 TSLA
Tesla
-- 431.371 QUBT
Quantum Computing
-- 24.260 MU
Micron Technology
-- 103.905 RGTI
Rigetti Computing
-- 10.2103 
China has started an investigation over concerns of violating antitrust laws, causing NVIDIA's stock price to drop: reports.
Following the initiation of an investigation by China's antitrust authority into the possibility of violating antitrust laws, led by Mr. Jensen Huang, NVIDIA (NASDAQ: NVDAThe stock price of ) fell 2% in pre-market trading on Monday.
According to China Central Television, the State Administration for Market Regulation has initiated an investigation. This news was first reported domestically by Vroom.
Nvidia has improved its existing artificial intelligence accelerators sold in China to comply with current US export control laws. In its recent financial report, Nvidia expects China to continue to be an "extremely competitive" environment, especially in the datacenter market.mentioned.
Nvidia did not immediately respond to a comment request from Seeking Alpha.
According to China Central Television, the State Administration for Market Regulation has initiated an investigation. This news was first reported domestically by Vroom.
Nvidia has improved its existing artificial intelligence accelerators sold in China to comply with current US export control laws. In its recent financial report, Nvidia expects China to continue to be an "extremely competitive" environment, especially in the datacenter market.mentioned.
Nvidia did not immediately respond to a comment request from Seeking Alpha.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Kimihiko OP : It's becoming an article, so it's about time.
Magnificent7 : Hmm... Antitrust? Could it be the lament of a bullied child?
Kimihiko OP : Is AMD also dropping?
Hide0911 : The colors of the crowded country are dazzling.
182135718 : It feels like why bother now
so pointless.