French Agency Investigating Nvidia for Alleged Anti-Competitive Behavior

TapTechNews July 15th news, the French competition regulatory agency confirmed that it is conducting an investigation into Nvidia's alleged anti-competitive behavior.

The agency's chairman, Benoit Coeure, told Reuters on the sidelines of a news conference, If the investigation yields results, the company will be charged.

Earlier this month, according to a Reuters report, sources with direct knowledge disclosed that the French antitrust regulator will file a charge against Nvidia on suspicion of anti-competitive behavior, which is also the first time this graphics card giant has encountered an official antitrust charge.

As early as September last year, the French antitrust agency had launched a surprise investigation, and the target was a company suspected of engaging in anti-competitive behavior in the graphics card industry. The Wall Street Journal later published a report identifying that this company is Nvidia.

According to Reuters' report, the French regulator's concerns about Nvidia's monopoly in the market mainly focus on two things: One is the dependence of the graphics card industry on Nvidia's CUDA chip programming software, and the other is Nvidia's latest investment in CoreWeave and other start-up cloud computing service companies focusing on artificial intelligence.

Last month, Nvidia's stock price迎来 a significant increase, and its market capitalization exceeded 3 trillion US dollars (TapTechNews note: currently about 21.85 trillion RMB), successively surpassing Apple and Microsoft to top the list of the world's highest market capitalization companies, and then there was a decline.

After ChatGPT became popular and drove the generative artificial intelligence technology wave, Nvidia has become the biggest winner in this wave because it holds the high-end GPU graphics cards essential for training AI models, and many of its GPUs such as A100 and H100 have been snapped up globally.