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
Bullish
Kickbacks are kickbacks. France should consider using Ukraine.
Frenchie BS
Who cares France doesn’t even have natural intelligence
Psycho
What’re they gonna do about it 😭
Nobody can Karin like the French.
Stupid French, who cares what they think about anything?
France is still a country?
Shiver me timbers ![img](emote|t5_2th52|4271)
Europe really hates technological innovation
Serious question, what are they going to do? How will they enforce any decision?
France needs money, I guess.
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.
Great way to win the AI competition
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.
The French Regulators can suck my ass free of charge
https://preview.redd.it/kik1ero67rcd1.jpeg?width=2880&format=pjpg&auto=webp&s=23542cece9c80429c11aae1b511d56de89db230a
Je suis français mais je vous donne tellement raison..!
(I’m french but i give you so god damn right..!)
Fukin shame on french president.. I liked him but this news makes me lower my esteem for Emmanuel Macron.
Someone needs to find that video of Linus Torvald saying how he really feels about Nvidia.
Hooooo that is why NVIDIA ARE FUCKED
Broke ass country looking to shake down companies as usual
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.
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
It’s not nvidias job to make gpus compatible with other code bases. This is a dumb thing to try to pursue.
“You come at the King you best not miss” – Daddy Jensen
Hon hon hon hon hon hon hon
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.
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
Hahahahahahaha. Hahaha.
The French speak to stop the entire world from moving forward! Hahaha. Haha. Maybe they should talk less and do more.
“Trust deez AI generated nutz in your face”
– Jensen Hung
To be fair Nvidia absolutely needs antitrust charges but who will do it and what will they do
Of course it’s some european country that decided to do this lol