Posted 9/28/2023, 8:06:21 PM
French Regulators Raid Nvidia Offices Over Suspected Anti-Competitive Practices in GPU Market
- French competition regulators raided offices of a business suspected of anticompetitive practices in graphics cards sector, targeting Nvidia.
- Raids don't assume law breach, only investigation can establish if appropriate.
- Suggests Nvidia's dominant AI chip role faces scrutiny as GPUs essential for AI systems.
- Nvidia GPU shortage highlighted as demand surges and market cap hits $1T.
- Comes after French competition agency report on cloud computing competition in June.
- Rivals Intel and AMD play catch-up in AI chip market versus Nvidia's 80%+ share.
- Nvidia's new H100 chips for servers fetch prices above family cars.