Nvidia(US:NVDA) 美股IPO·2025-09-15 09:24Core Viewpoint - The State Administration for Market Regulation (SAMR) has decided to conduct further antitrust investigations against NVIDIA, accusing the company of violating antitrust laws and the restrictive conditions set during its acquisition of Mellanox Technologies [1][3][4]. Group 1: Investigation Details - The SAMR's latest decision indicates a deepening antitrust review of NVIDIA, following an initial investigation that began in December 2022, which found potential violations [6]. - Specific regulations allegedly violated by NVIDIA include the Anti-Monopoly Law of the People's Republic of China and the restrictive conditions outlined in SAMR's announcement regarding the approval of NVIDIA's acquisition of Mellanox [6]. Group 2: Acquisition Background - NVIDIA's acquisition of Mellanox, valued at $6.9 billion, began with an agreement signed on March 10, 2019, and received approval from the Chinese government in April 2020 under certain restrictive conditions [8]. - The approval process highlighted the regulatory body's cautious approach, as NVIDIA initially withdrew its application in February 2020 before resubmitting it for review [8]. - The SAMR assessed that the acquisition could significantly impact key technology markets, particularly in GPU accelerators, dedicated networking devices, and high-speed Ethernet adapters, which justified the imposition of restrictive conditions [8].