Nvidia CEO Jensen Huang speaks throughout Computex 2024 in Taipei on June 4, 2024.
I-hwa Cheng | AFP | Getty Pictures
The U.S. Division of Justice is investigating complaints that Nvidia allegedly abused its market dominance in synthetic intelligence chips, The Info reported.
The DOJ has reached out to Nvidia’s opponents reminiscent of AMD to assemble details about the complaints, in response to the report printed on Thursday.
Investigators are whether or not Nvidia costs its prospects greater costs for merchandise if that buyer needs to purchase AI chips from rivals reminiscent of AMD, the report stated.
The DOJ can also be whether or not Nvidia has pressured prospects to purchase further merchandise reminiscent of cables that join servers collectively, The Info reported.
In response to the report, a spokesperson for Nvidia stated the corporate “wins on benefit.”
“We compete primarily based on a long time of funding and innovation, scrupulously adhering to all legal guidelines, making NVIDIA brazenly accessible in each cloud and on-prem for each enterprise, and guaranteeing that prospects can select no matter resolution is finest for them,” the spokesperson stated.
They added that Nvidia is “blissful to offer any data regulators want.”
Nvidia and the DOJ weren’t instantly accessible for remark when contacted by CNBC.
Nvidia shares dipped 3.5% in premarket commerce amid a world sell-off in semiconductor shares.
Learn the complete report right here.
