China targets Nvidia with anti-monopoly probe
Some fascinating news out of Nvidia just a few moments ago. Shares are lower pre-market after China's market regulator said a preliminary investigation found the chipmaker violated the country's anti- monopoly law. The stock is down 2% in extended trade.Arjun, how significant is this news. Well, just a bit of context first. This is an investigation that was opened late last year by the state administration for market regulation over in China and it was uh in relation to an acquisition that Nvidia closed in ...