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Nvidia is facing an antitrust probe from US regulators amid competitor complaints, report says

  • Nvidia is being investigated by the U.S. Justice Department for allegedly abusing its market dominance in AI chip sales, according to The Information.
  • Concerns include Nvidia possibly cornering the market and pressuring customers to keep buying solely from them, involving threats against those using competitors' products.
  • Ten advocacy groups recently urged Assistant Attorney General Jonathan Kanter to investigate Nvidia, stating it warrants "the most aggressive scrutiny.
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Nvidia is facing an antitrust probe from US regulators amid competitor complaints, report says

Antitrust tensions are heating up in the chipmaking industry. Rivals have accused Wall Street darling Nvidia of abusing its market dominance in selling chips that power artificial intelligence — and the U.S.

·United States
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Lean Left

The chip maker is said to have forced customers to make additional purchases

·Vienna, Austria
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On Wednesday, Nvidia is celebrating the most successful day in US stock market history. The business with high-performance chips for AI applications is still booming. Are things right when selling the chips to cloud heavyweights and other companies?

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TechCentral broke the news in on Friday, August 2, 2024.
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