EU Commission is examining practices for Ki chips – does Nvidia have to dress warmly now?2. October 2023
EU Commission is examining practices for Ki chips – does Nvidia have to dress warmly now?
Brüsesel, October 2nd, 2023
The European Union and French authorities are investigating possible anti-competitive practices in the AI chip market, particularly led by Nvidia.
According to the Wall Street Journal, the French competition authority raided Nvidia’s French offices on Tuesday on suspicion of anti-competitive practices in the graphics card industry.
• The European Commission is currently gathering views on potential abuses in the AI and gaming GPU sector to determine whether future action is necessary.
• Likewise, French authorities have interviewed industry insiders about Nvidia’s role in AI chips, pricing strategies, chip shortages and their impact on prices.
• The French authority carried out the raid this week as part of its review of cloud technology and made clear that raids do not constitute a violation of the law.
• Nvidia has over 80% share of the GPU market. The company thrived in the AI boom with high demand for its AI chips, growing its revenue and market capitalization to over $1 trillion.