Reported 2 months ago
The U.S. Department of Justice has initiated an antitrust investigation into Nvidia after competitors alleged the company leveraged its significant market power in AI chip sales. The probe focuses on potential coercive practices towards cloud providers and examining whether Nvidia imposes higher costs on customers procuring networking equipment when opting for rival AI chips. As Nvidia holds around 80% of the AI chip market, this investigation has garnered attention from lawmakers and advocacy groups concerned about monopolistic practices.
Source: YAHOO