NVIDIA's quarterly reporting conference was held at the time when the United States and China began to fight for the right of Huawei to conduct business in the same conditions. The founder and CEO of NVIDIA was then asked if he was afraid of the influence of these problems on the decision of the Chinese antitrust authorities over the deal with Mellanox, which the first company is going to buy for a record $ 6.9 billion for itself. jurisdictions, all transactions of a similar scale are coordinated in those countries whose interests they affect.
Then, at the reporting conference, Jen-Hsun Huang surprisingly naively expressed confidence that China had no motive for obstructing the deal between NVIDIA and Mellanox, stating that politics should not interfere in the sphere of business interests. This week, NVIDIA CFO Colette Kress (Colette Kress) spoke at the NASDAQ conference for investors, and the moderator also asked about the current state of approval for Mellanox takeover.
Progress in this area is noticeable, as a spokeswoman for NVIDIA admitted, and US regulators have already approved the deal. All the necessary documents were transferred to the Chinese anti-monopoly authorities, although they have not yet voiced their decision. NVIDIA's other upcoming negotiation steps are considered simple and insignificant, so they expect to close the deal by the end of December of this year.
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