EU, Chinese language, French regulators in search of data on graphic playing cards, Nvidia says

BRUSSELS, Nov 24 (Reuters) – Regulators within the European Union, China and France have requested for data on Nvidia’s (NVDA.O) graphic playing cards, with extra requests anticipated sooner or later, the U.S. chip big stated in a regulatory submitting.

Nvidia is the world’s largest maker of chips used each for synthetic intelligence and for laptop graphics. Demand for its chips jumped following the discharge of the generative AI utility ChatGPT late final yr.

The California-based firm has a market share of round 80% by way of its chips and different {hardware} and its highly effective software program that runs them.

Its graphics playing cards (GPUs) are high-performance units that allow highly effective graphics rendering and processing to be used in video modifying, video gaming and different complicated computing operations.

The corporate stated this has attracted regulatory curiosity world wide.

“For instance, the French Competitors Authority collected data from us concerning our enterprise and competitors within the graphics card and cloud service supplier market as a part of an ongoing inquiry into competitors in these markets,” Nvidia stated in a regulatory submitting dated Nov. 21.

The French watchdog raided Nvidia’s native workplace in September, an individual accustomed to the matter had instructed Reuters.

“We have now additionally obtained requests for data from regulators within the European Union and China concerning our gross sales of GPUs and our efforts to allocate provide, and we count on to obtain further requests for data sooner or later,” Nvidia stated within the submitting.

Individually, Nvidia has delayed the launch of a brand new China-focused AI chip, two sources accustomed to the matter instructed Reuters.

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An agenda-setting and market-moving journalist, Foo Yun Chee is a 20-year veteran at Reuters. Her tales on excessive profile mergers have pushed up the European telecoms index, lifted corporations’ shares and helped traders determine on their transfer. Her information and expertise of European antitrust legal guidelines and developments helped her broke tales on Microsoft, Google, Amazon, quite a few market-moving mergers and antitrust investigations. She has beforehand reported on Greek politics and corporations, when Greece’s entry into the eurozone meant it punched above its weight on the worldwide stage, in addition to Dutch company giants and the quirks of Dutch society and tradition that by no means fail to attraction readers.