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a and m jumbo bags limited (amjumbo) hits 52 week high ✌️【Value Investing】✌️ Expert analysis of global stock trends, futures data, and real-time stock market quotes to help you plan your next investment move. China has opened an antitrust investigation into American chipmaker Nvidia, the world’s largest provider of processors that power artificial intelligence, according to Chinese state media.

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China Central Televisionin a report Monday said the Chinese government believes Nvidia’s purchase of Israeli networking company Mellanox could violate the country’s anti-monopoly laws, though the report did not specify what the merger did to potentially break the law.China approved the acquisitionin 2020.

a and m jumbo bags limited (amjumbo) hits 52 week high ✌️【Value Investing】✌️ Real-time stock and futures data, backed by expert stock market trend predictions, to help you make timely and profitable investment decisions. Nvidia (NVDA) shares fell less than 2% in premarket trading Monday. The stock is among the hottest on the market, surging nearly 200% this year as the AI boom has fueled demand for the company’s chips. Its market value is more than $3 trillion, second only to Apple.

a and m jumbo bags limited (amjumbo) hits 52 week high ✌️【Value Investing】✌️ AI-driven stock trend forecasting with free access to real-time market data, offering personalized investment advice and expert predictions. The tit-for-tat China-US chip war has entered a new phase this month, after the Biden administration imposed another round of restrictions onhigh tech memory chip salesto China a week ago. The memory chips are different than the graphics processors Nvidia makes, but they are also crucial technology that helps power AI.

a and m jumbo bags limited (amjumbo) hits 52 week high ✌️【Value Investing】✌️ Real-time stock market data, precise predictions, and investment strategies to help you optimize your portfolio and achieve financial success. The administration’s new export controls are the third such round of chip sales restrictions to China. The United States fears that China could use AI to gain a military advantage, and US Commerce Department officials said they believed the restrictions would slow China’s development of AI chips — and industry experts believe the US government’s plan will work.

But China’s Commerce Ministry lambasted the United States’ restrictions, saying they pose “a significant threat” to the stability of global supply chains. China’s governmentretaliated last weekby banning the sale of materials essential for manufacturing the chips, including germanium and gallium.

a and m jumbo bags limited (amjumbo) hits 52 week high ✌️【Value Investing】✌️ Free expert predictions on stock trends and real-time data to help you make informed decisions and grow your wealth steadily. A year ago, China had curbed the sale of those materials but created loopholes that allowed for some sales to continue. Those have now been closed.

a and m jumbo bags limited (amjumbo) hits 52 week high ✌️【Value Investing】✌️ Accurate real-time market data and expert stock predictions for profitable investment opportunities in global markets. Senior US officials have also accused China of stealing American-made AI software, which Beijing denies.

a and m jumbo bags limited (amjumbo) hits 52 week high ✌️【Value Investing】✌️ Expert stock predictions and free stock selection services to help you achieve optimal returns and long-term growth. The Nvidia investigation ups the ante. The company is the face of the AI tech revolution and hurting Nvidia could harm the American company’s ambitions to continue to power AI around the world.

In addition to curbing materials and chips sales, both China and the United States are trying to bolster their own development and manufacturing of microprocessors at home.

a and m jumbo bags limited (amjumbo) hits 52 week high ✌️【Value Investing】✌️ Receive professional stock analysis with real-time updates on market movements. Make quick investment decisions and capitalize on profitable opportunities. Through the CHIPS Act, the Biden administration has pumped billions of dollars into Intel and other companies to boost domestic production of chips and reduce America’s reliance on China and other foreign countries for the technology. Meanwhile, China in May announced plans to set up its largest-ever semiconductor state investment fundworth $47.5 billion, funded by investments from six of the country’s largest state-owned banks.

【 - Free Stock Portfolio Optimization 】’s Fred He, Juliana Liu, Sean Lyngaas, Wayne Chang and Rosa de Acosta contributed to this report.

a and m jumbo bags limited (amjumbo) hits 52 week high ✌️【Value Investing】✌️ Free access to stock market forums, expert advice, and real-time data to help you stay informed and grow your investments. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Stock Portfolio Optimization 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

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