Tag #Nvidia

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Supreme Court Allows Class-Action Lawsuit Against Nvidia Over Cryptocurrency Revenue

The Supreme Court refused to hear Nvidia's appeal against a class-action lawsuit claiming the company misled investors about its cryptocurrency revenue, allowing the lawsuit to proceed following a 28% stock price drop after cryptocurrency profitability decreased in 2018 and a $5.5 million SEC settle...

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spanish.china.org.cn
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"China Investigates Nvidia for Antitrust Violations, Stock Dips"

"China's market regulator launched an investigation into Nvidia for potential antitrust violations and reviewed its 2020 acquisition of Mellanox, imposing further restrictions; Nvidia's stock fell 2.4%, and the company has yet to respond."

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China Investigates Nvidia Amid Escalating US-China Tech War

China opened an antitrust probe into Nvidia, the leading AI chipmaker, over its 2020 acquisition of Mellanox, escalating the US-China tech war following recent US restrictions on chip sales to China.

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Industry, Innovation, and Infrastructure
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Market Dip Follows Record High; China's Policy, Nvidia Investigation, and TikTok Ban Weigh on Tech Stocks

Monday's market saw a downturn following a record-breaking week, with Applovin falling 15% after being excluded from the S&P 500, while China's economic policy announcements and an Nvidia investigation created uncertainty, and a pending TikTok ban decision impacted Meta and Alphabet.

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smh.com.au
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Nvidia's Stock Drop Weighs on US Markets Amidst Chinese Investigation

Nvidia's stock dropped 2.9 percent, pulling down US indexes from record highs following a Chinese anti-monopoly investigation; however, positive economic news from China and other market events created a mixed picture.

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Nvidia CEO Avoids Billions in Estate Taxes Through Legal Loopholes

Jensen Huang, Nvidia's CEO, employed legal strategies, including trusts and charitable donations, to minimize his family's estate tax liability, potentially avoiding billions in taxes, showcasing how the ultra-wealthy leverage legal loopholes to reduce their tax burden, while government revenue from...

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europe.chinadaily.com.cn
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China Investigates Nvidia for Antitrust Violations

China's market regulator is investigating Nvidia for potential anti-monopoly violations and breaching commitments made during its 2020 acquisition of Mellanox, focusing on Nvidia's halting of GPU supplies to China despite prior agreements, causing a 2 percent drop in Nvidia's shares.

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cnn.com
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China Investigates Nvidia Amid Escalating US-China Tech War

China opened an antitrust investigation into Nvidia, the world's largest AI chipmaker, over its 2020 acquisition of Mellanox, escalating the US-China tech war after the US imposed new chip export restrictions to China.

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us.cnn.com
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China Investigates Nvidia Amid Escalating US-China Tech War

China opened an antitrust investigation into Nvidia, the world's largest AI chipmaker, over its 2020 acquisition of Mellanox, escalating the US-China tech war after the US imposed new chip export restrictions and China retaliated by limiting exports of key chipmaking materials.

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forbes.com
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China Investigates Nvidia, Raising Concerns About Tech Dominance

China launched an anti-monopoly investigation into Nvidia on Monday, causing a 2% stock drop, amid rising US-China tensions and China's push for technological self-reliance.

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forbes.com
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China Investigates Nvidia for Antitrust Violations

China's State Administration for Market Regulation (SAMR) is investigating Nvidia's 2020 acquisition of Mellanox Technologies for alleged anti-monopoly violations, specifically for failing to share information about new products with competitors 90 days prior to release as a condition of approval; N...

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forbes.com
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AWS re:Invent 2024: AI Infrastructure and Enterprise ROI Take Center Stage

AWS's re:Invent 2024 showcased its expanding AI infrastructure, including the Trainium2 chip and Project Rainier supercomputer, while also highlighting enterprise examples of successful AI ROI, indicating a market shift towards focused "micro AI" applications rather than generalized solutions.

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Industry, Innovation, and Infrastructure