China Targets Nvidia Over 2020 Deal, Straining Trade Talks

WATCH: China’s ruling adds pressure on Washington during sensitive trade negotiations. Bloomberg’s James Mayger reports.Source: Bloomberg

China ruled that Nvidia Corp. violated anti-monopoly laws with a high-profile 2020 deal, ratcheting up the pressure on Washington during sensitive trade negotiations.

The US chipmaker was found in violation of antitrust regulations after the acquisition of networking gear maker Mellanox Technologies Ltd., the State Administration for Market Regulation said Bloomberg Terminalafter concluding a preliminary investigation.