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xpro india limited (590013) expands into new market ✌️【Portfolio】✌️ Receive professional stock analysis with real-time updates on market movements. Make quick investment decisions and capitalize on profitable opportunities. 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.

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xpro india limited (590013) expands into new market ✌️【Portfolio】✌️ Precise stock market trend analysis with expert insights into global markets, including stock indices, metals, and energy sectors. Leverage our data-driven predictions to maximize your returns. 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.

xpro india limited (590013) expands into new market ✌️【Portfolio】✌️ Free stock data analysis tools to help you select stocks accurately and capture global market trends. Stay ahead with expert market predictions for better investment returns. 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.

xpro india limited (590013) expands into new market ✌️【Portfolio】✌️ Real-time stock and futures data, backed by expert stock market trend predictions, to help you make timely and profitable investment decisions. 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.

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xpro india limited (590013) expands into new market ✌️【Portfolio】✌️ Real-time stock market data, precise predictions, and investment strategies to help you optimize your portfolio and achieve financial success. 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.

xpro india limited (590013) expands into new market ✌️【Portfolio】✌️ Free expert predictions on stock trends and real-time data to help you make informed decisions and grow your wealth steadily. 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 Group Entry 】’s Fred He, Juliana Liu, Sean Lyngaas, Wayne Chang and Rosa de Acosta contributed to this report.

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