Nvidia(US:NVDA) Hua Er Jie Jian Wen·2025-09-15 08:55Core Viewpoint - The Chinese market regulator has escalated its antitrust investigation into NVIDIA, accusing the company of violating antitrust laws and the restrictive conditions set during its acquisition of Mellanox Technologies, indicating increased scrutiny on the AI chip giant [1][3]. Group 1: Investigation Details - The State Administration for Market Regulation (SAMR) has determined that NVIDIA violated the Anti-Monopoly Law of the People's Republic of China and related regulatory decisions, leading to a more stringent investigation process following an initial inquiry that began in December 2022 [1][3]. - The investigation specifically targets NVIDIA's $6.9 billion acquisition of Mellanox, which was approved with additional restrictive conditions by the Chinese government in 2020 [1][4]. Group 2: Acquisition Background - NVIDIA's acquisition of Mellanox began with an agreement signed on March 10, 2019, and after a lengthy regulatory review, it received approval in April 2020 under specific conditions [4]. - The approval process highlighted the regulator's cautious approach, as the application was initially withdrawn and then resubmitted, reflecting the significant impact of the acquisition on key technology markets, including GPU accelerators and high-speed Ethernet adapters [4].