House Committee on CCP Probes Nvidia Over Alleged Rule Violations in China Chip Sales Amid Stock Decline

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Published Apr 16, 2025, 07:58 PM

A U.S. Congressional panel has initiated an investigation into Nvidia Corp regarding its sales to China. The House Committee on the Chinese Communist Party (CCP) is probing the company's export of chips across Asia, focusing on allegations that Nvidia knowingly supplied Chinese AI firms in violation of U.S. regulations. This inquiry marks the first congressional probe into Nvidia's activities related to China and has coincided with a sharp decline in the company's stock price. The investigation underscores ongoing tensions between the U.S. and China over technology transfers and regulatory compliance.

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🚨BREAKING:ㅤ House Committee on CCP launches 1st Congressional probe into Nvidia, investigating sale of chips across Asia that it knowingly provided to help Chinese AI firms violate US rules. https://t.co/o9VIx3jCen