China takes aim at tech giant Nvidia in new monopoly case

Chinese regulators started looking into Nvidiaʼs business practices for possible monopoly issues. This move adds to the growing tech-sector rivalry between Beijing and Washington

December 9 2024 , 07:11 PM  •  790 views

China takes aim at tech giant Nvidia in new monopoly case

Chinese market watchdogs started a monopoly check of Nvidia this month‚ looking into its chip-making business practices and market position (the company controls most of AI chip market)

The timing isnt random – just last week US govt added more Chinese tech firms to its no-trade list; making it super-hard for them to get high-end computer parts. Beijing hit back with its own rules: stopping sales of important minerals like gallium and germanium to American companies

The whole thing shows how messy the US-China tech fight is getting – both sides want to be number-one in making smart-chips. These tiny electronic parts are super important for:

  • AI systems development
  • Military equipment
  • Self-driving cars
  • Advanced computers

We need to stop Taiwan‚ they stole our chip business and China helps them

Donald Trump stated as incoming president

The dispute between worlds biggest economies keeps growing‚ with both Washington and Beijing making new trade-control rules almost every month. China thinks Nvidia might be too powerful in their local market – which could hurt their own tech companies growth