Nvidia, the famend GPU maker, is below the microscope in Europe over its dominance within the AI chip market. Latest studies from The Wall Road Journal revealed that French antitrust authorities have searched Nvidia’s French workplace. This transfer is to find out if Nvidia has been partaking in unlawful monopolistic practices.
The French Competitors Authority (FCA) introduced, confirming searches on the places of work of sure producers within the graphics chip sector. The goal? To establish any indicators of monopolistic habits. Whereas the FCA didn’t identify the corporate below investigation, sources from Washington Day by day have confirmed Nvidia as the topic. In the course of the search, French authorities confiscated each bodily and digital paperwork and likewise performed interviews with Nvidia’s workers. Nvidia, nevertheless, has chosen to stay silent on the matter.
In a associated growth, Bloomberg has cited sources saying that the European Competitors Fee is presently holding casual discussions with varied business stakeholders. The target is to gauge if Nvidia has been manipulating the AI chip market, particularly within the enterprise and gaming sectors. With Nvidia’s A100 and H100 chips commanding a whopping 80% of the AI chip market, conventional CPU bigwigs like Intel and AMD are discovering it difficult to maintain tempo. If the EU’s investigations verify monopolistic habits, Nvidia may very well be looking at a multi-billion greenback positive.
The surge in AI’s recognition has been a boon for Nvidia. The corporate’s inventory value has skyrocketed, and its current quarterly income stood at a formidable $13.51 billion, marking a 101% progress year-on-year. With a market cap comfortably over a trillion {dollars}, Nvidia’s success is plain. Nevertheless, with nice energy comes nice scrutiny, and it stays to be seen how this European investigation unfolds.
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References:
- https://www.wsj.com/tech/ai/nvidias-french-offices-raided-in-cloud-computing-competition-inquiry-97c094ea
- https://economictimes.indiatimes.com/tech/know-how/eu-starts-early-stage-probe-into-nvidia-dominated-ai-chip-markets-abuses-report/articleshow/104050352.cms?from=mdr
- https://www.benzinga.com/authorities/23/10/35022895/eu-eyes-nvidia-scrutiny-intensifies-over-ai-chip-market-dominance
- https://www.reuters.com/know-how/eu-starts-early-stage-probe-into-nvidia-dominated-ai-chip-market-abuses-2023-09-29/
- https://www.bloomberg.com/information/articles/2023-09-29/eu-begins-early-stage-probe-into-ai-chip-market-abuses-that-nvidia-dominates
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