News Snapshot:
Open this photo in gallery: Nvidia's corporate headquarters, in Santa Clara, Calif., in May 2022.NVIDIA/Reuters China on Monday said it has launched an investigation into Nvidia Corp NVDA-Q over suspected violations of the country’s anti-monopoly law, in a move that will likely be seen as a retaliatory move against Washington’s recent chip curbs. The State Administration for Market Regulation (SAMR) said the U.S. chipmaker is also suspected of violating commitments it made during its acquisition of Mellanox Technologies Ltd, according to terms outlined in the regulator’s 2020 conditional approval of that deal. It did not elaborate on how Nvidia might...