The article discusses a potential investigation by the US government into Nvidia’s business dealings with China. According to the report, Nvidia disclosed in a regulatory filing that the company is being investigated by the US government for potential violations of export control laws and regulations related to its operations in China. The investigation appears to be focused on whether Nvidia properly obtained licenses to export certain products to China. Nvidia stated that it is cooperating with the government and cannot predict the outcome or potential penalties. The company also noted that any export control violations could result in civil or criminal penalties, loss of export privileges, or other sanctions. This investigation highlights the ongoing tensions between the US and China over advanced technology and the strict export controls imposed by the US government on certain products and technologies to China. It underscores the challenges faced by US tech companies operating in China amid the complex geopolitical landscape and trade tensions between the two countries.
Source: https://www.cnn.com/2024/12/09/tech/nvidia-china-investigation/index.html