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    Nvidia Gets DOJ Subpoena in Escalating Antitrust Investigation


    The US Justice Department sent subpoenas to Nvidia Corp. and other companies as it seeks evidence that the chipmaker violated antitrust laws, an escalation of its investigation into the dominant AI computing provider. 

    The DOJ, which had previously delivered questionnaires to companies, is now sending legally binding requests that oblige recipients to provide it with information, according to people familiar with the investigation. That takes the government probe a step closer to launching a formal complaint. 

    Antitrust officials are concerned that Nvidia is making it harder to switch to other suppliers and penalizes buyers that don’t exclusively use its artificial intelligence chips, according to the people, who asked not to be identified because the discussions are private.

    https://www.bloomberg.com/news/articles/2024-09-03/nvidia-gets-doj-subpoena-in-escalating-antitrust-investigation

    Posted by s1n0d3utscht3k

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    35 Comments

    4. Jervis_TheOddOne on

      Depending on how this goes my implosion prediction might happen sooner than predicted. At least Intel bro might get his money back lmao

    15. Fit-Stress3300 on

      These inquiries take years.
      When they finalize it, the business would already have moved on.
      The remedies, if required, would be over past revenues and not future cash flow.
      It would be up to the competition to make their hardware Cuda compatible, that is not easy.

      So… Nothing to worry about.

    17. BlindSquirrelCapital on

      Ass clownery at its finest. I thought the US wanted to be the leading producer of chips and control AI while on shoring. Now we want to penalize the winners? I guess the lawyers there need to justify their existence. I would hate to see what these idiots would have done when there was just the Big 3 in the auto industry decades ago.

    20. drewtheostrich on

      Just because nobody has their shit together enough to compete with nvidia doesn’t mean that they are abusing a monopoly

    26. Over-Dragonfruit5939 on

      Total market manipulation. They’re gonna tank Nvidia as much as they can and buy the dip. They’re gonna run this investigation to get Nvidia at a low price and find nothing in their investigation. Then it’s gonna rally again.

    27. FoxTheory on

      That explains the drop 🤣

      But every company does this or tries. Lightning ports fucking Tesla chargers car parts in pretty much general. How the fuck is John deer still getting away with it

    29. myironlung6 on

      They’re literally buying the competition and killing them so people keep buying more GPUs.

      As if this bad news wasn’t enough, there have also been reports that Nvidia is facing two [antitrust probes from the U.S. Department of Justice](https://www.cnbc.com/2024/08/02/nvidia-shares-fall-after-report-that-it-faces-a-us-doj-antitrust-probe.html). The first probe focuses on accusations of pushing customers to buy Nvidia products exclusively and potentially punishing those who have purchased products from competitors. The Department of Justice will also investigate Nvidia’s decision to charge higher prices to customers who also want to buy AI chips from rival companies.

      **The second investigation has to do with Nvidia’s acquisition of Israeli startup Run:ai. Nvidia purchased the AI workload orchestration company for $700 million in April 2024. Run:ai develops software that optimizes GPU usage by allowing multiple AI applications to run on the same GPU. This reduces the number of GPUs needed for AI projects, greatly reducing initial cost.**

      The Department of Justice’s investigation is concerned that the acquisition would further entrench Nvidia’s dominant position and would bring about antitrust allegations. More specifically, the Department is investigating whether Nvidia acquired Run:ai to suppress a technology that could decrease demand for its GPUs.

    33. modsarefacsit on

      Our Gov fucking sucks sometimes.
      NVDA is a strategic asset that we should be begging not selling to China, Iran, Russia, etc. stupid is shooting ourselves in the foot again.

    34. dkrich on

      Funny thing is that I’m now reading dumb bulls arguing that monopolies pay taxes so the government is playing themselves 🤡

    35. millmonkey on

      This will be an interesting argument for the DOJ to litigate. TSMC is the actual manufacturer for both NVIDIA and AMD. They are given schematics by both companies and manufacture them to spec. Then NVIDIA and AMD make software to work in conjunction with the chips. If all the AI software companies are using one proprietary product over another, how can it be a monopoly? Another option exists, it’s just shit compared to option N.

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