EU Begins Early-Stage Probe Into AI Chip Market Abuses That NVIDIA Dominates
Portfolio Pulse from Benzinga Newsdesk
The European Union has initiated an early-stage investigation into potential abuses in the AI chip market, which is dominated by NVIDIA (NVDA).
September 29, 2023 | 4:03 pm
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NVIDIA, a dominant player in the AI chip market, is under scrutiny by the EU for potential market abuses.
The EU's investigation into potential market abuses in the AI chip market could lead to regulatory actions against NVIDIA, which could negatively impact the company's operations and stock price in the short term.
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