French antitrust enforcers are preparing to charge Nvidia with allegedly anticompetitive practices, Reuters reported, as the world’s most valuable chipmaker faces mounting regulatory scrutiny., citing unidentified people with direct knowledge of the matter.Nvidia has drawn the attention of regulators since becoming the biggest beneficiary of the artificial intelligence spending boom.
The French antitrust agency declined to comment to Bloomberg, as did Santa Clara, California-based Nvidia.They have more than doubled this year, pushing the company’s valuation above $3 trillion . They didn’t identify the company as Nvidia at the time, but the chipmaker has since acknowledged that France and other entities are examining its business practices.said in a filing“Our position in markets relating to AI has led to increased interest in our business from regulators worldwide,” the chipmaker said at the time.
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