China’s State Administration for Market Regulation opened an investigation looking into Nvidia (NVDA) over suspicions that the chipmaker has broken anti-monopoly laws, China Central Television said in a report on Monday, according to Bloomberg’s Amy Thomson. Nvidia shares are down about 2% in pre-market trading following the report.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on NVDA:
- AMD downgraded to Neutral from Buy at BofA
- Top Investor Pounds the Table on Nvidia Stock
- How Donald Trump Could Make Taiwan Semiconductor (TSM) Stock Great Again
- Investors Rotate Back into Magnificent 7 Stocks, including Amazon (AMZN) and Microsoft
- EU Targets Nvidia (NASDAQ:NVDA) in Antitrust Probe
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
