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PYMNTS 7/1 [PYMNTS, 7-1-2024, “Report: Nvidia Target of French Antitrust Charges”, https://www.pymnts.com/antitrust/2024/report-nvidia-target-of-french-antitrust-charges/, Accessed 7-2-2024] dedeepya

Chipmaker Nvidia is reportedly about to be charged with antitrust violations in France.

The French competition authority’s pending charges would follow a raid on Nvidia’s offices last year, Reuters reported Monday (July 1), citing sources familiar with the matter.

Nvidia has seen its fortunes bloom in recent months thanks to demand for its chips, used for artificial intelligence (AI) applications. But as Reuters noted, that has triggered scrutiny from regulators around the world.

A Nvidia spokesperson declined to comment when reached by PYMNTS.

The company, the Reuters report said, disclosed in a 2023 regulatory filing that the European Union, China and France had sought information on its graphic cards.

Sources tell Reuters that the European Commission is unlikely to expand its review for now, as the French authority is looking into Nvidia. France’s watchdog issued a report last week on competition in the generative AI field and cited the risk of abuse by chip companies.

That report, Reuters said, included concerns regarding the sector’s dependence on Nvidia’s CUDA chip programming software, the only system that is totally compatible with the GPUs that have become crucial for accelerated computing.

Last year’s raid was part of a broader investigation into the cloud computing industry. Nvidia has also faced scrutiny in Europe over its proposed acquisition of British chip designer Arm

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