EU's Competition Chief warns of Nvidia's AI chip market dominance and potential future restrictions.

EU's Competition Chief Margrethe Vestager warns of a "huge bottleneck" in Nvidia's AI chip supply, with the company's H100 processing units holding over 80% market share. Secondary markets for AI chips could promote innovation and fair competition, but dominant companies may face restrictions on their behavior in the future. No immediate regulatory action is planned as regulators assess the situation.

July 05, 2024
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