Nvidia Faces China Antitrust Probe Amid Market Volatility
TL;DR Summary
Nvidia has denied rumors of cutting exports to China amid ongoing regulatory scrutiny, including an antitrust probe into its acquisition of Mellanox Technologies. Despite these challenges, Nvidia is expanding its workforce in China, focusing on AI and autonomous driving technology. CEO Jensen Huang emphasizes "long thinking" in AI research to enhance problem-solving capabilities.
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- China Opens Investigation Into Nvidia Over Potential Antitrust Violations The New York Times
- Nvidia Stock Rises. 3 Reasons to Look Past China's Antitrust Probe. Barron's
- Nvidia's stock dips after China opens probe of the AI chip company for violating anti-monopoly laws The Associated Press
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