China has just fired a new shot in the ongoing tech battle with the United States. On Monday, China’s market watchdog, the State Administration for Market Regulation (SAMR), announced it is investigating Nvidia, a major US chipmaker. This news shook the tech world, as Nvidia's shares dropped over 2% shortly after the announcement. But why is China suddenly going after Nvidia? Here’s the full story, simplified.
The Roots of the Investigation
The investigation focuses on Nvidia's $7 bil...