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CEO Jensen Huang just delivered fantastic news for Nvidia investors
Howard SmithDecember 12, 10:31 am AEDT
The CEO's recent visit to Southeast Asia provides a glimpse of what's to come.
This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.
At this point, artificial intelligence (AI) has been discussed enough for investors to know it's a big deal. The explosive growth in Nvidia's (NASDAQ: NVDA) business results and its st...

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$NVIDIA (NVDA.US)$ 145

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According to the WeChat official account of the State Administration for Market Regulation "Shishuo New Language", NVIDIA is under investigation by the State Administration for Market Regulation for suspected violation of the Anti-Monopoly Law of the People's Republic of China and the Announcement on Anti-Monopoly Review Decision of the State Administration for Market Regulation on Approval of NVIDIA's Acquisition of Mellanox Technologies Co., Ltd. (State Administration for Market Regulation Announcement [2020] No. 16).
NVIDIA responded to the investigation by stating, "NVIDIA wins with strength, which is reflected in our benchmarking results and the value we provide to customers. Customers can choose the solution that best suits them. We strive to deliver the best products in every region and fulfill our commitments wherever we do business. We are happy to answer any questions from regulatory agencies about our business."
If NVIDIA's monopoly behavior is confirmed, it may face a fine of more than one percent but less than ten percent of its sales in the previous year, up to a maximum of $5 billion.
Some experts have pointed out that in recent years, due to the U.S. government's continuous expansion of semiconductor export controls, NVIDIA has successively stopped the supply of multiple GPU accelerator products to China, infringing on the legitimate rights and interests of relevant Chinese companies. The industry is very dissatisfied with this. NVIDIA is suspected of violating the provisions of the Anti-Monopoly Law, and the investigation opened by the State Administration for Market Regulation was also expected.
From a practical perspective, ...

$NVIDIA (NVDA.US)$
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