Is NVIDIA Abusing Its AI Market Dominance? EU Probes into NVIDIA’s Overwhelming Management within the AI Chip Sector
Nvidia, the famend GPU maker, is below 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 participating in unlawful monopolistic practices.
The French Competition Authority (FCA) announced, confirming searches at the offices of certain manufacturers in the graphics chip sector. The aim? To determine any indicators of monopolistic conduct. Whereas the FCA didn’t identify the corporate below investigation, sources from Washington Each day have confirmed Nvidia as the topic. In the course of the search, French authorities confiscated each bodily and digital paperwork and in addition carried out interviews with Nvidia’s workers. Nvidia, nonetheless, has chosen to stay silent on the matter.
In a associated growth, Bloomberg has cited sources saying that the European Competitors Fee is at the moment 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 conduct, Nvidia might be watching a multi-billion greenback effective.
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 powerful $13.51 billion, marking a 101% progress 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/expertise/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/expertise/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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