Update: Market Chatter: Nvidia Under Scrutiny by Europe Regulators for Bundling GPU, Networking Hardware

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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

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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