The Autorité de la concurrence, the French Competitors Authority, has carried out a shock raid on Nvidia’s French workplaces. The chipmaker is reportedly suspected of committing anticompetitive practices within the graphics playing cards sector.
The French Competitors Authority did not disclose the title of the corporate on which it performed the raid. It solely talked about an organization “within the graphics playing cards sector.” The Wall Road Journal (WSJ) reported that sources conversant in the matter claimed that it was Nvidia. Having obtained authorization from a choose, the French antitrust company went ahead with the raid.
“Such daybreak raids don’t pre-suppose the existence of a breach of the regulation which could possibly be imputed to the corporate concerned within the alleged practices, which solely a full investigation into the deserves of the case might set up, if acceptable,” wrote the French Competitors Authority within the report.
In accordance with WSJ, daybreak raids encompass the authorities exhibiting up early within the morning to confiscate an organization’s bodily and digital supplies. Additionally they interview the personnel that come into the workplace. The French Competitors Authority acknowledged that the raid was a part of a extra in depth operation launched in June to analyze the competitors situations within the cloud computing market.
Nvidia has considerably profited from the AI growth, made doable by the emergence of ChatGPT. Consequently, Nvidia’s high-end AI chips, such because the H100 (Hopper), are promoting like hotcakes. Nvidia’s newest monetary outcomes present that the corporate pulled in $13.5 billion in income, a whopping 101% enchancment from final 12 months. It is not a coincidence that Nvidia has change into the world’s largest fabless chip designer.
WSJ reported that Nvidia declined to remark.