NVIDIA Might Have to Pay $1.7 Billion to China for Violating Anti-Monopoly Law

China accused NVIDIA of violating its anti-monopoly law, and the tech giant might have to pay up to $1.7 billion for that.

In December 2024, as WCCFtech reports, China launched an investigation, suspecting that NVIDIA had breached its pledges to Beijing when it was trying to get approval for the acquisition of the supplier of computer networking products, Mellanox Technologies, in 2020. 

NVIDIA was supposed to continue providing China access to GPU accelerators or networking products. However, it seems this is the part that the State Administration for Market Regulation (SAMR) found fault with.

According to Reuters, which quotes the domestic Anti-Monopoly Law (AML), NVIDIA could be fined from 1% to 10% of its annual revenue, which would mean $1.7 billion in damage.

What's more, China is also investigating whether NVIDIA integrates security measures in its AI chips. Not surprisingly, it is pushing local tech companies to switch to in-house solutions. 

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