Nvidia, the famend GPU maker, is beneath the microscope in Europe over its dominance within the AI chip market. Latest reviews from The Wall Avenue 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 workplaces of sure producers within the graphics chip sector. The intention? To establish any indicators of monopolistic conduct. Whereas the FCA didn’t title the corporate beneath 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 carried out interviews with Nvidia’s employees. Nvidia, nevertheless, has chosen to stay silent on the matter.
In a associated improvement, Bloomberg has cited sources saying that the European Competitors Fee is at present holding casual discussions with numerous trade 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 affirm monopolistic conduct, Nvidia could possibly be gazing a multi-billion greenback tremendous.
The surge in AI’s recognition has been a boon for Nvidia. The corporate’s inventory worth has skyrocketed, and its latest quarterly income stood at a formidable $13.51 billion, marking a 101% development year-on-year. With a market cap comfortably over a trillion {dollars}, Nvidia’s success is simple. 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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