Antitrust & Trade Reg.
Aug. 5, 2024
Federal Nvidia antitrust probe seen as likely
The reported scrutiny of Nvidia, which has emerged as the dominant AI chipmaker, would not be surprising. The Biden administration has been aggressive in enforcing antitrust law, adopting a more assertive stance that has prompted some acquisitions to be dropped while others have moved forward after judges ruled against the government.
Artificial intelligence has already transformed the economy, and antitrust regulators are looking at the leading chipmaker in Silicon Valley to determine if they need to act to prevent the technology giant from becoming too dominant, according to published reports.
Two reports published in the past week said Nvidia Corp., the leading Silicon Valley company that sells semiconductor chips powering generative AI is under investigation by the U.S. Department of Justice over an acquisi...
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