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The Nvidia AI antitrust investigation is ‘escalating,’ reports Bloomberg
This is about a lot more than PC gaming machines.
An antitrust investigation by the Department of Justice focusing on Nvidia’s AI dominance as the hardware company of choice is escalating, reports Bloomberg. Before the subpoenas were reported on Tuesday afternoon, its share price dropped more than 9 percent, wiping out about $279 billion in market value in one day. But as Bloomberg notes, Nvidia’s stock is still up more than double this year as the AI boom has fueled sales of the company’s pricey chips, even after a report by The Information a few weeks ago saying that its upcoming Blackwell series of AI chips may be delayed “by three months or more due to design flaws.”
Or read this on The Verge