Nvidia reportedly faces a U.S. DOJ antitrust probe after complaints from rivals

In this article

• NVDA

The U.S. Department of Justice is investigating complaints that Nvidia allegedly abused its market dominance in artificial intelligence chips, The Information reported.

The DOJ has reached out to Nvidia's competitors such as AMD to gather information about the complaints, according to the report published on Thursday.

Investigators are looking at whether Nvidia charges its customers higher prices for products if that customer wants to buy AI chips from rivals such as AMD, the report said.

The DOJ is also looking at whether Nvidia has pressured customers to buy additional products such as cables that connect servers together, The Information reported.

Nvidia and the DOJ were not immediately available for comment when contacted by Our.

Nvidia shares dipped 3.5% in premarket trade amid a global sell-off in semiconductor stocks.

Read the full report here.

Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.