Haryy Nb4China opens probe into Nvidia, accusing company of violating its anti-monopoly law
China’s State Administration for Market Regulation (SAMR) has launched an antitrust investigation into Nvidia, the US-based chipmaker. The probe, which began in April, is assessing whether Nvidia’s practices violate China’s Anti-Monopoly Law. Among the specific concerns being scrutinized are alleged anti-competitive behavior, discriminatory pricing, and unfair competition methods.
Nvidia has acknowledged the probe and has indicated its cooperation with the investigation. The company emphasized its commitment to adhering to all applicable laws and regulations in China. The market remains uncertain about the potential outcomes and implications of this investigation for Nvidia and its operations in China.
Intel CEO retires as chipmaker loses ground in AI revolution
In the twilight of an era marked by his stewardship, Intel CEO Pat Gelsinger doffs his mantle, relinquishing the reins amidst a shifting technological landscape where the company has faltered to seize the AI vanguard. As he embarks on a new chapter, the echoes of Intel’s waning AI dominance linger, leaving behind a poignant juncture in its storied legacy.