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5/18, 12:36 AM (Source: TeleTrader)
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Nvidia CEO: China likely won't block Mellanox deal

Nvidia CEO Jensen Huang told CNBC he doesn't think China's regulators will stop Nvidia's acquisition of Mellanox Technologies, which is worth almost $7 billion. China is one of a number of countries that will have a say on the acquisition as both companies are strongly present in its semiconductor market.

Huang added that the deal is relevant because it will help data center security networking and storage processing.

The CEO also pointed out that since Nvidia produces most of its technology in Taiwan, it will not be significantly impacted by the trade tariffs imposed on China by Washington.

Breaking the News / VP