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Shares of Nvidia fell Monday after China said it is investigating the high-flying U.S. microchip company over suspected violations of Chinese anti-monopoly laws. Read this article for free: Already have an account? To continue reading, please subscribe: * Shares of Nvidia fell Monday after China said it is investigating the high-flying U.S. microchip company over suspected violations of Chinese anti-monopoly laws. Read unlimited articles for free today: Already have an account? Shares of Nvidia fell Monday after China said it is investigating the high-flying U.S. microchip company over suspected violations of Chinese anti-monopoly laws. In a brief news release with few details, Chinese regulators appear to be focusing on Nvidia’s $6.9 billion acquisition of network and data transmission company Mellanox in 2019. Nvidia shares about 3% Monday. They are still up 179% so far this year. Considered a bellwether for artificial intelligence demand, Nvidia has led the AI sector to become one of the stock market’s biggest companies, as tech giants spend heavily on the company’s chips and data centers needed to train and operate their AI systems. Nvidia’s shares have surged this year along with the California company’s revenue and profit due to AI demand. According to data firm FactSet, about 16% of Nvidia’s revenue comes from China, second only to its U.S.-generated revenue. A spokesperson for the company based in Santa Clara, California, said in an emailed statement that Nvidia is “happy to answer any questions regulators may have about our business.” In its most recent earnings release, Nvidia posted revenue of $35.08 billion, up 94% from $18.12 billion a year ago. Nvidia earned $19.31 billion in the quarter, more than double the $9.24 billion it posted in last year’s third quarter. The earnings release did not break out revenue from China. The company’s market value rocketed to $3.5 trillion recently, passing Microsoft and briefly overtaking Apple as the world’s most valuable company. China’s antitrust investigation follows a report this summer by technology news site The Information that the U.S. Justice Department was investigating complaints from rivals that Nvidia was abusing its market dominance in the chip sector. The allegations reported include Nvidia threatening to punish those who buy products from both itself and its competitors at the same time. David Bieri, an international finance expert at Virginia Tech, said that China’s investigation is “not about what Nvidia is doing in China, per se” but rather a signal to the incoming Trump administration. China, Bieri said, is looking to set the tone of future relations. The Chinese government, he said, is telling the U.S. “don’t mess with us, because all of your darling corporations that your version of capitalism needs to prosper have entanglements” with China. Nvidia will have to revise its strategy in China or come up with provisions in their budgets for the type of uncertainty business with China will bring, Bieri said. “I don’t think this is something that they can shake off,” he said. “I also have a tremendous amount of faith in the brilliance of the management strategy of a corporation like Nvidia to not only pay attention to credit risk, market risk and operational risk, but also to political risk.” Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. Nvidia’s invention of graphics processor chips, or GPUs, in 1999 helped spark the growth of the PC gaming market and redefined computer graphics. Last month, it replaced Intel on the Dow Jones Industrial Average, ending the pioneering semiconductor company’s 25-year run on the index. Unlike Intel, Nvidia designs but doesn’t manufacture its own chips, relying heavily on Taiwan Semiconductor Manufacturing Co., an Intel rival. ___ Associated Press Technology Writer Sarah Parvini in Los Angeles contributed to this report. Advertisement AdvertisementHK stocks set to see no unique highs in next five to 10 yearsvivo ye7 。

Forgotten Chelsea star could hand Enzo Maresca huge boost in title bid this weekend... without even playing for BluesVikings will be without cornerback Stephon Gilmore against Falcons

After one season away from the Pacific Northwest, former UW offensive lineman Geirean Hatchett will be returning to the Huskies for 2025. The 6-foot-5, 318-pound Hatchett transferred to Oklahoma before the 2024 season, starting the Sooners' season-opening game before undergoing bicep surgery and missing the rest of the season. Hatchett will be a scholarship player at UW, a source close to the player told The Seattle Times. The 2025 season will be the Ferndale native's sixth season of college football, and he has the option for a seventh if he seeks a medical redshirt for the 2024 campaign. His return to Washington also reunites Geirean with his brother Landen Hatchett, a sophomore offensive lineman who started five games for UW in 2024. This story will be updated.Jets still struggling to secure wins and stop blowing late leads in another playoff-less season

Zuora Reports Third Quarter Fiscal 2025 ResultsSYM Investor Alert: A Securities Fraud Class Action Lawsuit Has Been Filed Against Symbotic ...

The most accomplished United States gymnast in the history of the Olympics made an appearance at the 2024 CMA Awards on Wednesday night. Simone Biles debuted a new look that left plenty of people speechless. Biles, a seven-time Olympic gold medalist, showed off her new bob haircut in Nashville. She wore a metallic-looking gown that included one shoulder sleeve. Just an hour after posting a few looks at her CMAs dress on Instagram, she received over 70,000 likes from her fans. Unsurprisingly, countless people complimented Biles' stunning dress. "I didn't think you could become even more beautiful than you already are," a fan said. "Our new look is divine." "Beautiful as always," an Instagram user wrote Another person said, "Obsessed with those boots." "You look stunning," a fourth person commented. View the original article to see embedded media. Prior to the start of the CMA Awards, Biles spoke to ABC about what she's been up to lately. Even though she is a big believer in resting a ton after competing for an event as rigorous as the Olympics, she couldn't pass up a chance to go to this week's show. "I try to rest as much as possible, but it's always fun to get opportunities to come and do stuff like this because it's fun walking the carpet and meeting new people," Biles said. "I love it." Taylor Hill/Getty Images There's a chance Biles will be back in the spotlight this Sunday when the Chicago Bears host the Minnesota Vikings. That is, of course, if she attends her husband's game. Jonathan Owens has recorded just three tackles in limited playing time this season. Judging by the social media reactions to Biles' new hairstyle, her fans would love to see her make an appearance at Soldier Field this weekend. Related: Former NFL Quarterback Defends Simone Biles' Controversial OutfitWest Ham beat Wolves after edgy Premier League match and heap more pressure on O'Neil

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Guotai Junan Securities (2611) is set to merge with Haitong Securities (6837) creating China's largest brokerage. The merger will be conducted through a swap deal where Guotai Junan issues A-shares and H-shares to all A-share and H-share exchange shareholders of Haitong Securities. Hong Kong's securities watchdog has approved Guotai Junan Securities to become the major shareholder of certain subsidiaries of Haitong Securities which are licensed corporations. In October, Shanghai-based Guotai Junan Securities announced details of its plan to merge with cross-town rival Haitong Securities in a share swap deal, a filing to the Shanghai Stock Exchange showed. The merger of two state-backed brokerages to create a sector leader in China with US$230 billion (HK$1.78 trillion) in assets is part of Beijing's drive to consolidate the US$1.7 trillion industry in an increasingly challenging market and the move is set to gather pace, according to Reuters. The combined entity will overtake Citic Securities (6030) as China's largest brokerage. Both Haitong and Guotai Junan are controlled by companies running state assets for the Shanghai government. Staff reporter and agencies

Trump names David Sacks as White House AI and crypto czarThe Toronto Raptors have a solid young core, with Scottie Barnes , RJ Barrett , and Immanuel Quickley all being 25 or younger. The Raptors also have a decent veteran group headlined by Bruce Brown , Kelly Olynyk , and Chris Boucher . With Toronto prioritizing player development this season, should the Raptors turn to their veteran group for guidance and mentorship or as a way to gain future assets? The Value of the Raptors Veteran Group Kelly Olynyk One of the Raptors’ first moves this offseason was resigning Olynyk to a two-year $26 million extension. However, 18 games into the season, Olynyk has yet to suit up with a back injury keeping him sidelined. At 6’11, Olynyk offers a valuable skillset off the bench, being able to space the floor at the five and help run an offense system with his playmaking. Two skills teams can never get enough of. Olynyk’s contract is also pretty tradeable, only making $12.8 million this season and $13.4 million next. The team has said the injury keeping Olynyk in street clothes isn’t severe, but after missing 18 straight games, it leaves questions about the severity of the injury. While Toronto could probably find a team at the deadline needing another big body and shooting, the value you’re getting back in a trade is probably less than what a healthy Olynyk can bring. With his shooting, Olynyk allows Toronto to experiment with lineups featuring multiple non-shooters on the wings. Toronto could also use him to help facilitate jumbo lineups that feature Barnes, Barrett, Jonathan Mogbo , and Ochai Agbaji as the secondary playmaking behind Barnes. Bruce Brown Like Olynyk, Brown has been sidelined all season, recovering from offseason knee surgery. However, Brown has been cleared for full contract and is in the process of ramping up to play. An additional guard will be a welcome sight for the Raptors, who have been without their starting PG Quickley for most of the season. While Davion Mitchell and Jamal Shead have done their best filling in for Quickley, they lack the scoring ability to pressure defenses yet. Brown has that ability with his slashing/cutting and activity on the offensive glass. Those traits, mixed with Brown’s defensive ability and playmaking, make him a valuable player on almost any team. However, again, like Olynyk, with Brown’s price tag and fresh-off surgery, any value the team can find for him on the market probably won’t equal what he can bring to the team. Even with that, unless Toronto is looking to keep Brown long-term, they should still look to move him. Mitchell and Shead are younger, will be cheaper, and better line up with the rest of the roster’s timeline. Keeping Brown around may bring immediate improvement, but the short-term gains don’t outweigh the potential long-term returns of developing Mitchell and Shead. Chris Boucher After failing out of Darko Rajakovic’s rotation last season , Boucher has been a staple of this year’s bench. Boucher leads Toronto’s bench in scoring, rebounding, blocks, and minutes per game. He has been crucial for the Raptors all season. While Boucher is producing reasonably well, he is also soon to be 32 and is in the final year of his contract. It doesn’t seem likely that Toronto will bring him back next season, considering his age and how many young players on the roster need minutes. Unlike Brown or Olynyk, who are either expensive or under contract longer, Boucher is on a cheap $10.8 million expiring deal. With his production/size and deal, Boucher could get a decent return in a trade. While losing the last member of the 2019 championship team would hurt, he will be gone soon anyway, so might as well get something in return. The Raptors bench will be worse without him, but in a year where the team wants to bottom out, that’s not bad. This article first appeared on Last Word On Sports and was syndicated with permission.(All times Eastern) Schedule subject to change and/or blackouts Monday, Dec. 16 COLLEGE SOCCER (MEN’S) 8 p.m. ESPN2 — NCAA Tournament: Vermont vs. Marshall, Championship NFL FOOTBALL 8 p.m. ABC — Chicago at Minnesota 8:30 p.m. ESPN — Atlanta at Las Vegas NHL HOCKEY 8:30 p.m. NHLN — Florida at Edmonton SOCCER (MEN’S) 3 p.m. USA — Premier League: West Ham United at AFC Bournemouth SOCCER (WOMEN’S) Noon FS2 — Final Draw For The UEFA Women’s Euro 2025 The Associated Press created this story using technology provided by Data Skrive TV listings provided by LiveSportsOnTV .