US launches antitrust investigation into Nvidia over sales practices

The US Department of Justice has launched an investigation into Nvidia after complaints from competitors that it may have abused its market dominance in selling chips that power artificial intelligence, The Information reported on Thursday.

Shares of the company fell around 3.6% in premarket trading on Friday.

DOJ investigators are looking at whether Nvidia pressured cloud providers to buy multiple products, the report said, citing people involved in the discussions.