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Update: Market Chatter: China Investigating Nvidia Over Potential Breaches of Anti-Monopoly Law
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Update: Market Chatter: China Investigating Nvidia Over Potential Breaches of Anti-Monopoly Law
Dec 9, 2024 9:38 AM

12:19 PM EST, 12/09/2024 (MT Newswires) -- (Update with Nvidia's ( NVDA ) response in the second paragraph.)

China's State Administration for Market Regulation is investigating Nvidia ( NVDA ) on suspicion of anti-monopoly law breaches, Bloomberg reported Monday, citing a report from China Central Television.

"NVIDIA ( NVDA ) wins on merit, as reflected in our benchmark results and value to customers, and customers can choose whatever solution is best for them," a Nvidia ( NVDA ) spokesperson said to MT Newswires via email. "We work hard to provide the best products we can in every region and honor our commitments everywhere we do business."

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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