China targets Nvidia with antitrust probe, escalating US chip tensions

China said on Monday it has launched an investigation into Nvidia Corp over suspected violations of the country’s anti-monopoly law, in a move widely seen as a retaliatory shot against Washington’s latest curbs on the Chinese chip sector.

The statement from the State Administration for Market Regulation (SAMR) announcing the probe did not elaborate on how the US company, known for its artificial intelligence (AI) and gaming chips, might have violated China’s anti-monopoly laws.