China Accuses US Chipmaker Nvidia of Violating Antitrust Law

Just as trade negotiations between Beijing and Washington began their second day, China announced Monday that an investigation had revealed that US chip maker Nvidia had violated the nation’s antitrust laws and promised another investigation. Beijing, which declared the probe in December, is presently involved in a fierce struggle with the US for leadership in the vital semiconductor industry. The State Administration for Market Regulation, Beijing’s leading market watchdog, claimed in a statement that NVIDIA Corporation had broken the Anti-Monopoly Law of the People’s Republic of China after a preliminary…