Nvidia said recent social media posts alleging the company would cut supplies to China were false, according to a company post on Chinese social media.

Nvidia (NASDAQ:NVDA) said recent social media posts alleging that the company would cut supplies to China were false, Reuters reported. The U.S. tech giant noted that China is an important market and it would continue to provide high-quality products and services to Chinese customers,

Shares of Nvidia dropped over 2% Monday following China’s announcement of an antitrust investigation into the company. The probe reportedly focuses on Nvidia's 2019 acquisition of Mellanox Technologies for nearly $7 billion,