NVIDIA Faces Surprise Antitrust Raid in France Amid AI Success

NVIDIA Faces Surprise Antitrust Raid in France Amid AI Success

French Antitrust Authorities Investigate Graphics Card Giant NVIDIA

Notably, NVIDIA was not initially mentioned in the context of the cloud investigation. However, the company has enjoyed considerable financial success, particularly in the field of artificial intelligence (AI). The demand for NVIDIA’s AI chips and data center solutions has surged, with the company significantly exceeding earnings expectations. In the second quarter of 2023, NVIDIA recorded $13.51 billion in revenue, a substantial leap from the $6.7 billion generated in the same period the previous year.