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2023-10-07 15:46:04
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EU Investigates NVIDIA's Monopoly on AI Chip Market
The EU is investigating NVIDIA's monopolistic position in the AI chip market. The French antitrust authority has searched NVIDIA's French offices as part of the investigation into illegal monopolistic behavior. The European Commission is informally discussing whether NVIDIA has manipulated the AI chip market. If NVIDIA is confirmed to be monopolizing the market, it could face fines in the billions of dollars.