financetom
Business
financetom
/
Business
/
Update: Market Chatter: Nvidia Under Scrutiny by Europe Regulators for Bundling GPU, Networking Hardware
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: Market Chatter: Nvidia Under Scrutiny by Europe Regulators for Bundling GPU, Networking Hardware
Dec 6, 2024 8:58 AM

11:37 AM EST, 12/06/2024 (MT Newswires) -- (Updates with Nvidia's ( NVDA ) response in the sixth paragraph.)

Nvidia's ( NVDA ) customers and rivals are being questioned by Europe's anti-monopoly watchdog about whether the chipmaker is bundling its products in a way that gives it an unfair advantage and strengthens its near-monopoly market position, Reuters reported Friday, citing people with knowledge of the matter.

The European Commission has sent out questionnaires to determine whether Nvidia's ( NVDA ) graphics processing unit products are commercially and technically tied, the report said.

Antitrust regulators are looking into whether Nvidia ( NVDA ) requires graphics processing unit customers to also buy networking equipment, the report said.

The probe is separate from another one looking into Nvidia's ( NVDA ) proposed acquisition of Run:ai.

The European Commission declined to comment to MT Newswires.

"Our products are best-in-class and able to stand on their own," an Nvidia ( NVDA ) spokesperson said in an emailed response to MT Newswires. "We support open industry standards, enabling our partners and customers to use our products in a wide variety of configurations and system designs."

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 142.43, Change: -2.63, Percent Change: -1.81

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Toyota to make battery venture with Panasonic wholly owned subsidiary
Toyota to make battery venture with Panasonic wholly owned subsidiary
Mar 4, 2024
TOKYO (Reuters) - Toyota Motor ( TM ) said on Tuesday it had reached an agreement with Panasonic Holdings ( PCRFF ) to make one of their joint ventures the automaker's wholly owned subsidiary. The firm, Primearth EV Energy Co, plans to begin production of batteries for electric vehicles and plug-in hybrid vehicles on top of batteries for gasoline hybrid...
Stablecoin Tether crosses $100 billion tokens in circulation
Stablecoin Tether crosses $100 billion tokens in circulation
Mar 4, 2024
(Reuters) -The number of dollar-pegged stablecoins issued by Tether has crossed $100 billion, the crypto company said on its website on Monday. Tether issues a stablecoin which is designed to maintain a constant value of $1. It is widely used as a way of moving money in cryptocurrency without being exposed to price swings in other cryptocurrencies such as bitcoin...
India's Adani dollar bonds see robust demand; signals comeback to global market
India's Adani dollar bonds see robust demand; signals comeback to global market
Mar 4, 2024
By Shankar Ramakrishnan and Bhakti Tambe March 5 (Reuters) - India's Adani group saw massive demand on Monday for its first dollar bond since a short-seller attack last year, in what two banking sources said was being seen internally as a test for the conglomerate's access to global capital markets. Adani Green Energy priced a $409 million 18-year bond after...
Lindt full-year profit rises on price increases
Lindt full-year profit rises on price increases
Mar 4, 2024
(Reuters) - Swiss chocolate maker Lindt & Spruengli said on Tuesday its 2023 profit rose, as it increased prices in a challenging year that saw the price of cocoa soar. Net income rose 17.9% to 671.4 million Swiss francs ($758 million), slightly beating the 670 million francs forecast by analysts at Zuercher Kantonalbank. ($1 = 0.8853 Swiss francs) ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved