DOJ launches antitrust probe of Nvidia, following complaints from rivals, report says

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DOJ launches antitrust probe of Nvidia, following complaints from rivals, report says
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Nvidia accused of pressure tactics on customers to unfairly retain dominance in AI chip market, technology news site The Information reported.

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. Justice Department is now investigating these complaints, technology news site The Information reported.

But a statement from Nvidia said the company 'wins on merit' — and competes 'based on decades of investment and innovation, scrupulously adhering to all laws.'Without directly acknowledging details of The Information's Thursday report, the company added that it is 'happy to provide any information regulators need.'Nvidia has faced calls for an antitrust investigation from some Democratic lawmakers and progressive groups before.

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