Beijing announced it was opening an investigation into Nvidia’s acquisition of Mellanox Technologies.
Topline
Nvidia shares slid about 2% in early market trading Monday morning after China announced it was opening an investigation into one of the world’s most valuable companies over potential antitrust law violations.Key Facts
Beijing opened a probe into Nvidia’s 2020 $7 billion acquisition of computer networking equipment company Mellanox Technologies, China’s State Administration for Market Regulation said Monday, according to multiple news outlets.
