Beijing: US chip giant Nvidia says it follows all laws after a Chinese investigation found it had breached antitrust rules, the latest development in a fierce tech battle between Beijing and Washington.
“We comply with the law in all respects,” a spokesperson for Nvidia said in a written statement to AFP yesterday.
“We will continue to cooperate with all relevant government agencies as they evaluate the impact of export controls on competition in the commercial markets,” the statement added.
The California-based artificial intelligence (AI) chip leader has found itself wound up in a tense competition between China and the United States for supremacy in the critical field of semiconductors.
Washington restricts Nvidia from exporting its most advanced products to China and last month confirmed the company would pay the US government 15% of revenue from certain AI chip sales in the country.
Beijing has responded by expressing national security concerns about Nvidia chips and urging Chinese businesses to rely on local semiconductor suppliers instead.
And after opening an investigation into Nvidia in December, China’s top market watchdog said on Monday the firm had violated anti-monopoly laws, according to preliminary findings.
The statement did not provide details about Nvidia’s alleged wrongdoing and vowed to conduct a further probe. — AFP
