TOP BIT

First it was leather jackets – now chip monopolies: Nvidia founder Jensen Huang.

China’s market regulator has accused the U.S. chip giant Nvidia of violating the anti-monopoly law and has opened a further investigation. The company is said to have failed to comply with conditions tied to its Mellanox acquisition. Shares dropped more than 2% in premarket trading.

The Details

📑 Preliminary Probe Completed: The anti-monopoly bureau found violations of …

Free Guide

The China Survival Guide for Western Businesses

Entity setup, WeChat strategy, hiring your first local team. 12+ years on the ground in Shanghai.