Saturday, July 19, 2025
  • Login
Forbes 40under40
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
Forbes 40under40
No Result
View All Result
Home Lifestyle

Nvidia says it has ‘not been subpoenaed’ by the DOJ in probe

by Mark Darwin
in Lifestyle
Nvidia says it has ‘not been subpoenaed’ by the DOJ in probe
Share on FacebookShare on Twitter


NVIDIA, responding to a Bloomberg News report about the US Department of Justice (DOJ) sending out subpoenas as part of an antitrust probe, said it has been in contact with the government agency but has not been subpoenaed.

The DOJ often sends requests for information in the form of what’s known as a civil investigative demand, which is commonly referred to as a subpoena. The DOJ has sent such a request seeking information about Nvidia’s acquisition of RunAI and aspects of its chip business, according to one source with direct knowledge of the matter.

In its response to the story, Nvidia said that its edge in the AI computing market stems from the superiority of its products.

“Nvidia wins on merit, as reflected in our benchmark results and value to customers, and customers can choose whatever solution is best for them,” the company said. “We have inquired with the US Department of Justice and have not been subpoenaed. Nonetheless, we are happy to answer any questions regulators may have about our business.”

In the probe, which Bloomberg previously reported in June, investigators have been contacting other technology companies to gather information. The DOJ’s San Francisco office is taking the lead in running the inquiry, sources familiar with the matter said. A representative for the DOJ declined to comment.

Antitrust officials are concerned that Nvidia is making it harder to switch to other suppliers and penalises buyers that do not exclusively use its artificial intelligence (AI) chips, according to the sources, who asked not to be identified because the discussions are private.

Regulators have been investigating the purchase of RunAI, a transaction announced in April. That company makes software for managing AI computing, and there are concerns that the tie-up will make it more difficult for customers to switch away from Nvidia chips. Regulators also are inquiring whether Nvidia gives preferential supply and pricing to customers who use its technology exclusively or buy its complete systems, according to the sources.

Nvidia has drawn regulatory scrutiny since becoming the world’s most valuable chipmaker and a key beneficiary of the AI spending boom. Sales have been more than doubling each quarter, and it’s eclipsed one-time chip leaders such as Intel. BLOOMBERG

Tags: DOJNvidiaProbesubpoenaed
Mark Darwin

Mark Darwin

Next Post
Crude futures settle down by more than US/bbl on demand fears

Crude futures settle down by more than US$1/bbl on demand fears

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Forbes 40under40 stands as a distinguished platform revered for its commitment to honoring and applauding the remarkable achievements of exceptional individuals who have yet to reach the age of 40. This esteemed initiative serves as a beacon of inspiration, spotlighting trailblazers across various industries and domains, showcasing their innovation, leadership, and impact on a global scale.

 
 
 
 

NEWS

  • Forbes Magazine
  • Technology
  • Innovation
  • Money
  • Leadership
  • Real Estate
  • Lifestyle
Instagram Facebook Youtube

© 2024 Forbes 40under40. All Rights Reserved.

  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle

© 2024 Forbes 40under40. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In