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The
State Administration for Market Regulation said in a
one-sentence statement that it would carry out “further
investigation” into Nvidia, the world's leading semiconductor
manufacturer.
The statement said the investigation centered on Nvidia's
purchase of network and data transmission company Mellanox
Technologies.
Nvidia didn't respond immediately to a request for comment.
Regulators said last year that they were investigating the
company for suspected violations stemming from the $6.9 billion
acquisition of Mellanox in 2019.
The decision ratchets up pressure on the U.S. as officials from
Washington hold trade talks with Beijing's representatives in
Spain this week.
Beijing has been tightening scrutiny of the U.S. chip industry.
On Saturday, China's Ministry of Commerce said it was carrying
out an anti-dumping investigation into certain analog IC chips
imported from the U.S., including commodity chips that are
commonly made by companies such as Texas Instruments and ON
Semiconductor.
U.S. Treasury Secretary Scott Bessent is meeting Chinese Vice
Premier He Lifeng in Madrid for negotiations on tariffs and
national security issues related to the ownership of social
media platform TikTok. The talks were scheduled from Sunday to
Wednesday.
It's the fourth round of discussions after meetings in London,
Geneva and Stockholm. The two governments have agreed to several
90-day pauses on a series of increasing reciprocal tariffs,
staving off an all-out trade war.
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