News Nvidia could face massive $1 billion fine over antitrust violations in China — Nvidia's Mellanox acquisition is in Beijing's crosshairs

[Admin]

The investigation against Nvidia is seen as a reaction to the increasing chip export restrictions imposed by the U.S. government.

Nvidia could face massive $1 billion fine over antitrust violations in China — Nvidia's Mellanox acquisition is in Beijing's crosshairs : Read more

 

[Pierce2623]

Throwing huge fines at Nvidia won’t get the result they want.

 

[monkey_biz]

If I calculate correctly based on Q3 results, $1bn means a loss of ~4 days of profits for NVIDIA.

 

[hotaru251]

$1B fine to the 3T+ company?

jensen could toss his toilet paper roll to you to pay that off.

on serious take shouldnt try and get on bad side of the company's product you love ;/

 

[valthuer]

If I calculate correctly based on Q3 results, $1bn means a loss of ~4 days of profits for NVIDIA.

That was my first thought as well. For a company in the size of Nvidia, a $1bn fine is hardly the definition of "massive".

 

[HansSchulze]

If I calculate correctly based on Q3 results, $1bn means a loss of ~4 days of profits for NVIDIA.

Exactly. If Nvidia prioritizes biz by price paid, China might not get anything.

I'm sure they want Mellanox NICs before those are deemed restricted.
Nvidia should sue back for the hacking.

BTW if the author wants to and feels qualified to report on tax management strategies, it might be more investigative as to why the government creates tax shelters for the billionaire class in the first place. Maybe somewhere for government employees to put their nest eggs while allowing companies to claw back retirement plans and pensions.

 

[ezst036]

Sounds like the Chinese government looking for new sources of revenue.

 

[spongiemaster]

Throwing huge fines at Nvidia won’t get the result they want.

Yes, it will. All they want is free money from Nvidia.

 

[williamcll]

EU should join in the investigation

 

[DS426]

It's 10% of only Chinese-based 2024 revenues; that's nothing. Heck, if I was nVidia, I would just come to an agreement (which agreements are compromises/negotiations, so less than the indictment charge) and get it over with.