Nvidia shares fall after report that it faces a US DOJ antitrust probe

The U.S. Division of Justice is investigating complaints that Nvidia allegedly abused its market dominance in synthetic intelligence chips, The Data reported.

The DOJ has reached out to Nvidia’s opponents resembling AMD to assemble details about the complaints, in line with the report revealed on Thursday.

Investigators are taking a look at whether or not Nvidia costs its prospects greater costs for merchandise if that buyer needs to purchase AI chips from rivals resembling AMD, the report mentioned.

The DOJ can also be taking a look at whether or not Nvidia has pressured prospects to purchase further merchandise resembling cables that join servers collectively, The Data reported.

In response to the report, a spokesperson for Nvidia mentioned the corporate “wins on advantage.”

“We compete based mostly on many years of funding and innovation, scrupulously adhering to all legal guidelines, making NVIDIA brazenly accessible in each cloud and on-prem for each enterprise, and guaranteeing that prospects can select no matter resolution is greatest for them,” the spokesperson mentioned.

They added that Nvidia is “pleased to supply any info regulators want.”

Nvidia and the DOJ weren’t instantly accessible for remark when contacted by CNBC.

Nvidia shares dipped 3.5% in premarket commerce amid a world sell-off in semiconductor shares.

Learn the total report right here.