
French competition authority says Nvidia antitrust probe is nearing end
- The French antitrust regulator confirmed its ongoing investigation into Nvidia is winding down.
- The agency has been investigating the graphics giant over alleged anti-competitive market practices.
- The timeline update comes amid heightened global regulatory scrutiny of the AI hardware supply chain.
The French competition authority (Autorité de la concurrence) announced on Thursday that its comprehensive investigation into semiconductor giant Nvidia (NASDAQ:NVDA) is drawing to a close.
The regulatory body has been scrutinizing the dominant graphics card and artificial intelligence hardware manufacturer over potential violations of fair market competition rules.
"We are nearing the end of the investigation," Umberto Berkani, the French competition authority's general rapporteur, told reporters during a Thursday press briefing.
The French regulatory action stems from an initial unannounced raid on Nvidia’s local offices, which occurred during a broader evaluation of the graphics card and cloud computing sectors.
Regulators have expressed sharp concerns regarding the global tech industry's systemic reliance on a single chip vendor to power generative artificial intelligence models.
Following the administrative update, Nvidia shares traded flat during early pre-market activity at $121.30.
Under French antitrust laws, companies found guilty of implementing anti-competitive practices or abusing a dominant market position can face financial penalties topping up to 10% of their global annual revenue, though targets frequently retain options to offer structural commercial concessions to settle outstanding charges.
The conclusion of the French probe marks the first major European regulatory checkpoint for the chipmaker, which concurrently faces parallel antitrust reviews from the U.S. Department of Justice and the Federal Trade Commission.