Nvidia (NVDA) News: China Says Antitrust Laws Violated

If you’re wondering why bitcoin’s (BTC) price is slipping for the past two hours, the possible culprit is pre-market trading on Wall Street, where shares of Nvidia (NVDA) have dropped nearly 3%. The losses follow an announcement by China's market regulator that Nvidia allegedly violated the country's anti-monopoly laws during its acquisition of Israeli networking company Mellanox Technologies in 2020. The regulator said that Nvidia breached the terms of its conditional approval related to that acquisition, although the specific details of the violations have not been disclosed. The weakness in...