Market Overview - Dow futures rose by 0.22%, S&P 500 futures increased by 0.09%, while Nasdaq futures fell by 0.06% [1] Chinese Concept Stocks - Most popular Chinese concept stocks saw gains, with Alibaba up by 2.28%, JD.com up by 1.48%, Li Auto up by 2.12%, Xpeng Motors up by 2.25%, and NIO up by 3.53% [1] Nvidia Investigation - Nvidia's stock dropped by 2.51% following an announcement from China's State Administration for Market Regulation that the company is under further investigation for violating antitrust laws related to its acquisition of Mellanox Technologies [1] Google Gemini Performance - Google's Gemini app surpassed ChatGPT in downloads, becoming the top free app in the US App Store, contributing to a 1.09% increase in Google's stock [1] Merck's Drug Approval - Merck announced that its new non-nucleoside cytomegalovirus (CMV) inhibitor, Letermovir Tablets (II), has been approved by China's National Medical Products Administration for use in certain patients [2] Tesla Stock Movement - Tesla's stock rose by 3.39% after news that Elon Musk purchased over 2.5 million shares and the company's German factory plans to increase production due to strong sales data [2] Hesai Technology Order - Hesai Technology's stock increased by 4.1% after signing a $40 million lidar order with a leading US Robotaxi company, with plans for delivery by the end of 2026 [2] AstraZeneca Expansion Halt - AstraZeneca's stock fell by 2.8% after reports that the company has paused a £200 million expansion plan at its Cambridge research center, which was expected to create 1,000 jobs [3]

Core Viewpoint - The Chinese National Market Regulation Administration has announced an investigation into NVIDIA for allegedly violating the Anti-Monopoly Law of the People's Republic of China and the conditions set for NVIDIA's acquisition of Mellanox Technologies [2] Company Overview - NVIDIA, established in 1998 in the United States, is listed on the NASDAQ and primarily engages in the research, production, and sales of graphics processing units [2] - Mellanox Technologies, founded in 1999 in Israel and also listed on NASDAQ, focuses on the research, production, and sales of network interconnect products [2] Acquisition Details - On March 10, 2019, NVIDIA and Mellanox signed an agreement for NVIDIA to acquire all shares of Mellanox, which would make Mellanox a wholly-owned subsidiary of NVIDIA upon completion of the transaction [2]

果然财经|英伟达，被进一步调查！盘前股价直线下挫 大众报业·齐鲁壹点6分钟前 移动端评论 英伟达违反反垄断法，市场监管总局依法决定实施进一步调查。9月15日，英伟达美股盘前直线下挫， 跌幅一度扩大至2.4%。 果然财经|英伟达，被进一步调查！盘前股价直线下挫 热门评论我要评论 微信扫码 暂无评论 鲁ICP备15022957号-13 鲁公网安备 37010202002220号 鲁新网备案号201000101 电信增值业务许可证： 鲁B2-20120085 齐鲁晚报·齐鲁壹点 版权所有(C) All Rights Reserved 联系电话：0531-82625462邮箱： 1790179766@qq.com ...

Core Viewpoint - Nvidia is under investigation by China's State Administration for Market Regulation for allegedly violating antitrust laws related to its acquisition of Mellanox Technologies, which was valued at $6.9 billion in 2020 [2][5][31]. Group 1: Investigation Details - The investigation stems from Nvidia's 2020 acquisition of Mellanox, which is significant for supercomputing and artificial intelligence [5][6]. - The State Administration for Market Regulation had previously approved the acquisition with specific conditions to prevent anti-competitive practices, such as prohibiting forced bundling and unreasonable trading conditions [5][31]. - The exact nature of Nvidia's violations of these conditions is currently unclear [5]. Group 2: Mellanox Overview - Mellanox, founded in 1999, is a leader in high-performance interconnect technology, particularly known for its InfiniBand technology, which is used in over half of the world's supercomputers [6][7]. - The acquisition of Mellanox by Nvidia is seen as a strategic move to integrate core technologies essential for cloud-based AI solutions [7][9]. Group 3: Market Impact - The merger is expected to create a significant competitive barrier in the AI chip market, as Nvidia's GPUs and Mellanox's networking technologies will be tightly integrated [9][10]. - Nvidia's dominance in the GPU market (90-95% globally) and Mellanox's strong position in networking (55-60% globally) raises concerns about potential anti-competitive behavior post-merger [25][26]. - The combined entity's ability to control pricing and market access could limit competition, particularly in the rapidly growing AI and data center sectors [27][28]. Group 4: Regulatory Conditions - The approval of the acquisition included several conditions aimed at maintaining market competition, such as ensuring non-discriminatory practices in product sales and maintaining interoperability with third-party products [31][32]. - These conditions are legally binding and will be monitored by the regulatory authority for compliance [34].

Core Viewpoint - Nvidia is under further investigation by China's State Administration for Market Regulation (SAMR) for potential violations of antitrust laws and commitments made during its acquisition of Mellanox Technologies, indicating a shift in China's regulatory approach from "entry management" to "ongoing supervision" of foreign companies in key technology sectors [1][2][4]. Group 1: Regulatory Context - The investigation is linked to Nvidia's 2020 acquisition of Mellanox for $6.9 billion (approximately 501.13 billion RMB), which was approved under specific conditions related to data security, fair competition, and technology openness [3]. - Nvidia has previously faced scrutiny from Chinese regulators, including a formal investigation initiated in December 2020 for similar antitrust concerns [1][3]. - The current investigation suggests that Nvidia may not have fully complied with its commitments made during the acquisition process, raising questions about its market behavior and integration practices [2][4]. Group 2: Market Implications - Nvidia's dominant position in China's AI, cloud computing, and autonomous driving sectors makes it a focal point for antitrust scrutiny, as regulators are concerned about potential exclusionary practices and unreasonable technical barriers that could hinder fair competition [2][4]. - The ongoing investigation could lead to severe consequences under antitrust laws, including fines of up to 10% of Nvidia's previous year's sales if violations are confirmed [4]. - This situation reflects a broader trend in China's regulatory landscape, where foreign companies are now subject to more rigorous and continuous oversight, moving away from a one-time approval process to a model of lifecycle regulation [4][5]. Group 3: Global Context - The investigation of Nvidia aligns with a global trend where major economies are intensifying antitrust enforcement against tech giants, as seen with companies like Google, Amazon, and Apple facing similar scrutiny [5]. - China's regulatory actions against Nvidia are not only aimed at maintaining domestic market order but also at asserting its regulatory authority in the global tech governance landscape, particularly in critical technology sectors like AI [5]. - The case serves as a reminder for multinational companies that compliance with local laws and regulations is essential for sustainable operations in complex regulatory environments [5].

Core 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].

Core Viewpoint - Nvidia is under further investigation by China's State Administration for Market Regulation (SAMR) for allegedly violating the Anti-Monopoly Law of the People's Republic of China and the conditions set for its acquisition of Mellanox Technologies [1][3]. Group 1: Investigation Details - The investigation is related to Nvidia's $6.9 billion acquisition of Mellanox, which was approved in April 2020 with specific conditions aimed at addressing competition concerns [3]. - Nvidia had committed to supply its GPU accelerators and Mellanox's high-speed networking equipment to the Chinese market based on fair, reasonable, and non-discriminatory principles [3]. - Recent actions by Nvidia to halt the supply of several GPU accelerator products to China, citing U.S. government export controls, have raised significant dissatisfaction among Chinese enterprises [3]. Group 2: Market Reaction - Following the announcement of the investigation, Nvidia's stock dropped approximately 2% in pre-market trading, which also negatively impacted Nasdaq futures [4].

China has ruled that Nvidia (NASDAQ:NVDA) violated antitrust laws in its 2020 acquisition of Mellanox Technologies, escalating tensions with Washington amid delicate trade talks. The State Administration for Market Regulation (SAMR) said a preliminary investigation found the deal breached competition rules. The regulator ...

Core 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].

英伟达，被进一步调查！ 大家好，关注一下英伟达的突发消息。 9月15日盘后，据市场监管总局网站，近日，经初步调查，英伟达公司违反《中华人民共和国反垄断法》和《市场监管总局关于附加限制性条件批准英伟 达公司收购迈络思科技有限公司股权案反垄断审查决定的公告》，市场监管总局依法决定对其实施进一步调查。 2024年12月9日，国家市场监管总局曾发布消息称，近日，因英伟达公司涉嫌违反《中华人民共和国反垄断法》及《市场监管总局关于附加限制性条件批 准英伟达公司收购迈络思科技有限公司股权案反垄断审查决定的公告》（市场监管总局公告〔2020〕第16号），市场监管总局依法对英伟达公司开展立案 调查。此次调查是针对2020年英伟达以69亿美元收购迈络思的交易。 2020年4月，国家市场监督管理总局依法附加限制性条件批准英伟达收购迈络思。英伟达提交了解决该交易带来竞争问题的措施，作出了明确承诺，其中 就包括"交易双方和集中后实体应依据公平、合理、无歧视原则向中国市场继续供应英伟达GPU加速器、迈络思高速网络互联设备和相关软件、配件"等。 受消息影响，英伟达盘前直线跳水，跌约2%，受此拖累，纳斯达克指数期货盘前跳水转跌。 目前，中美 ...