Nvidia CEO Jen-Hsun Huang speaks at Computex 2024 in Taipei on June 4, 2024.
Zheng Yihua | AFP | Getty Images
The U.S. Department of Justice is investigating the following complaints Nvidia Suspected of abusing its market dominance in the field of artificial intelligence chips, information the report said.
The U.S. Department of Justice has contacted Nvidia’s competitors, such as AMD to gather information on the complaints, according to a report released Thursday.
According to the report, investigators are looking into whether Nvidia will charge customers higher product prices if they want to buy artificial intelligence chips from competitors such as AMD.
The Justice Department is also investigating whether Nvidia pressured customers to buy additional products, such as cables to connect servers together, The Information reported.
In response to the report, a spokesman for Nvidia said the company “wins on strength.”
“We build on decades of investment and innovation to compete, strictly comply with all laws, make NVIDIA publicly available in every cloud and on-premises for every enterprise, and ensure customers can choose what’s best for them,” the spokesperson said. solution.
Nvidia “will be happy to provide any information regulators require,” they added.
Nvidia and the Justice Department did not immediately comment when contacted by CNBC.
Nvidia shares fell 3.5% in pre-market trading amid a global sell-off in semiconductor stocks.
Read the full report here.
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