Nvidia shares were under pressure ahead of Monday’s stock market open after China’s top regulatory authority said the U.S. chipmaker has violated the country’s antitrust rules.

Nvidia chief executive Jensen Huang said on Wednesday the U.S. and Beijing "have larger agendas to work out" after media reports of China's internet regulator ordering top tech firms to halt purchases...

“I’m disappointed with what I see, but they have larger agendas to work out, you know, between China and the United States, and I’m understanding of that, and we’re patient about it," he said.