Nvidia is expected to face French antitrust accusations

France's antitrust regulator will charge Nvidia for alleged anti-competitive behavior, people familiar with the matter said, making it the first enforcer to target a computer chip maker.France's so-called statement of objections, or charge sheet, comes after a raid on the graphics card industry last September, which sources said was Nvidia. The raids were the result of a broader inquiry into cloud computing.

The world’s largest maker of chips used both for artificial intelligence and for computer graphics has seen demand for its chips jump following the release of the generative AI application ChatGPT, triggering regulatory scrutiny on both sides of the Atlantic. Author: Reuters Nvidia In recent weeks, Nvidia has also overtaken Tesla as the most traded stock on Wall Street. (Associated Press)

Nvidia will be charged by France's antitrust watchdog for alleged anti-competitive conduct, people familiar with the matter said, making it the first enforcer to take action against the computer chipmaker. France's so-called statement of objections, or charge sheet, would follow last September's raids on the graphics card industry, which sources said targeted Nvidia. The attack was the result of a broader investigation into cloud computing. The world's largest maker of artificial intelligence and computer graphics chips has seen a surge in demand for its chips after the release of generative artificial intelligence application ChatGPT, prompting regulatory scrutiny on both sides of the Atlantic.