Reuters sources say French antitrust regulators are preparing charges against Nvidia

BRUSSELS (Reuters) – French antitrust regulators are preparing to indict Nvidia (NASDAQ:) for allegedly anti-competitive practices, people with direct knowledge of the matter said, making it the first authority to do so.

The so-called French statement of opposition, or charge sheet, comes after the recent raids on the graphics card sector in September last year, which sources said were aimed at Nvidia.

The world’s largest maker of chips used in both artificial intelligence and computer graphics has seen demand for its chips soar after the launch of its AI app ChatGPT late last year, prompting heightened regulatory scrutiny on both sides of the Atlantic.