Nvidia may be under investigation by the U.S. DOJ for antitrust violations following allegations from competitors.
- An antitrust investigation into Nvidia was launched by the U.S. Department of Justice due to allegations that the company abused its market power in AI chips, according to The Information.
- Nvidia's competitors, including AMD, have been contacted by the DOJ for information regarding complaints, as reported on Thursday.
- The global sell-off in semiconductor stocks caused Nvidia shares to decline 3.5% in premarket trade.
The U.S. Department of Justice is probing accusations that it misused its market power in AI chips, according to The Information.
According to a report published on Thursday, the DOJ has contacted Nvidia's competitors, including , to gather information about the complaints.
The report stated that investigators are examining whether Nvidia charges higher prices for its AI chips to customers who want to purchase from competitors like AMD.
The DOJ is examining whether Nvidia has coerced customers into purchasing extra products, such as server cables, according to a report by The Information.
Neither Nvidia nor the DOJ responded to CNBC's request for comment.
The global sell-off in semiconductor stocks caused Nvidia shares to decline 3.5% in premarket trade.
Read the full report here.
Technology
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