01:48 PM EDT,07/15/2024(MT Newswires) — (Adds Nvidia declining comment on reported investigation).

    Nvidia(NVDA)is being investigated by French antitrust regulators who are close to charging the chipmaker with anti-competitive practices, Reuters reported on Monday, citing the president ofFrance'sAutorite de la Concurrence.

    Update: Market Chatter: French Regulators Nearing Antitrust Charges Against Nvidia
    byu/Salt_Yak_3866 inwallstreetbets



    Posted by Salt_Yak_3866

    33 Comments

    1. spacecadet501st on

      Serious question, what are they going to do? How will they enforce any decision?

    2. GeneralZaroff1 on

      Just watch as Nvidia pulls an Apple and just pull AI products from Europe, and watch the EU hold a Pikachu face about how that’s also anti-competitive.

    3. If we are in this, the EU will likely follow, the fine can be up to 10% of the global revenue if I remember we’ll. And to my fellow American friends, no they can’t afford to not be on the EU market.

    4. Someone needs to find that video of Linus Torvald saying how he really feels about Nvidia.

    5. What is the actual claim going to be?

      Most likely they will just be forced to make CUDA more available for other companies.

      It’s not like they are going to ask for the company to be broken up. 

      This will be a nothing burger antitrust action. Good for the ecosystem. Not devastating for NVIDIA.

    6. Captaingrass on

      France is nearing to be the worst place for doing business in the west.

      Was saved by America in 2 world wars

      Cant be saved from itself though

    7. It’s not nvidias job to make gpus compatible with other code bases. This is a dumb thing to try to pursue.

    8. ballzstreetwets on

      Insiders selling at the top. Now they want to buy back on the cheap, so let’s get some not so favorable news out. The rest is history.

    9. We helped their candy ass back in both world wars, we will kick their ass if they dare to touch America’s golden goose.

      We should ban AirBus

    10. RevolutionaryPhoto24 on

      The French speak to stop the entire world from moving forward! Hahaha. Haha. Maybe they should talk less and do more.

    11. To be fair Nvidia absolutely needs antitrust charges but who will do it and what will they do

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