The U.S. Department of Justice is investigating complaints that Nvidia allegedly abused its market dominance in AI chips, The Information reported.
The U.S. Department of Justice opened an an antitrust probe into Nvidia to investigate complaints that the chip giant allegedly abused its market dominance in AI chips, The Information reported.
The DOJ has reached out to Nvidia's competitors such as AMD to gather information about the complaints, according to the report published on Thursday.Investigators are looking at whether Nvidia charges its customers higher prices for products if that customer wants to buy AI chips from rivals such as AMD, the report said.
The DOJ is also looking at whether Nvidia has pressured customers to buy additional products such as cables that connect servers together, The Information reported."We compete based on decades of investment and innovation, scrupulously adhering to all laws, making NVIDIA openly available in every cloud and on-prem for every enterprise, and ensuring that customers can choose whatever solution is best for them," the spokesperson said.
Advanced Micro Devices Inc Markets Technology Antitrust Regulation Monopoly And Antitrust Semiconductor Device Manufacturing Business News
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nvidia faces DOJ probe over antitrust complaints- The InformationNvidia faces DOJ probe over antitrust complaints- The Information
Read more »
Nvidia faces US DOJ probe over complaints from rivals, The Information reportsNvidia faces US DOJ probe over complaints from rivals, The Information reports
Read more »
Nvidia stock slips on reports of DOJ antitrust probeNvidia stock slips on reports of DOJ antitrust probe
Read more »
Nvidia faces two DOJ antitrust probes over market dominanceThe first investigation will see the DOJ examine Nvidia’s buyout of Run:ai, while the second will assess if Nvidia abused its dominance in AI chip markets.
Read more »
AI giant Nvidia faces calls from progressive groups for an antitrust probeSen. Elizabeth Warren and 10 progressive groups sent a letter to the Justice Department to launch an antitrust investigation against AI chip giant Nvidia over its business practices.
Read more »
Nvidia shares soar 11% after Microsoft quells fears that AI buildout is too fastMicrosoft plans to spend even more on Nvidia-based infrastructure next year than it did this year.
Read more »