EU Antitrust Regulators Have Not Opened A Formal Investigation Into Chips Used For Artificial Intelligence Following Last Week's French Competition Authority Raid Of Nvidia For Alleged Anti-competitive Practices
Portfolio Pulse from Charles Gross
EU antitrust regulators have not initiated a formal investigation into chips used for artificial intelligence, despite last week's raid by the French Competition Authority on Nvidia over alleged anti-competitive practices.
October 02, 2023 | 10:12 am
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Nvidia, a major player in the AI chips market, was recently raided by the French Competition Authority over alleged anti-competitive practices. However, EU antitrust regulators have not opened a formal investigation.
The news of no formal investigation by EU antitrust regulators may alleviate some concerns for Nvidia investors. However, the recent raid by the French Competition Authority indicates ongoing scrutiny, which could potentially impact Nvidia's operations and reputation in the future.
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