Unhappy trails lead away from Nvidia


The outlet reports that Nvidia and other companies have received legally binding requests for information as its sources say regulators are investigating whether Nvidia is “making it harder to switch to other suppliers and penalizes buyers that don’t exclusively use its artificial intelligence chips.”

Earlier this summer, Nvidia had overtaken Microsoft as the world’s most valuable company, but now it trails both Microsoft and Apple. 

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. 


Comments

Popular posts from this blog

Perplexity

Aphorisms: AI

Is this Dalle3 supposed to narrate with images?