Quick Tech News on July 16th: On July 15th, the French Competition Authority confirmed that they are conducting an in-depth investigation into NVIDIA's possible anti-competitive practices.

Benoit Coeure, the Chairman of the French Competition Authority, stated at a press conference that if the investigation reveals that NVIDIA indeed has issues, the company will face formal charges.

Previous media reports have indicated that French regulators are preparing to formally charge NVIDIA. This investigation stems from a search operation conducted last September on enterprises related to the "graphics card industry".

Regulators are particularly concerned about NVIDIA's CUDA chip programming software. As programmers become increasingly reliant on CUDA software, regulators worry that this may, to a certain extent, violate fair competition principles.

Additionally, in a report on generative AI competition released on June 28th, French regulators mentioned the risk of abuse by chip suppliers and expressed concerns about NVIDIA's dominant market position.

As one of the biggest beneficiaries of the generative AI boom, NVIDIA's high market share in AI chips has attracted the attention of regulators.

The French Finance Minister has pointed out that NVIDIA occupies 92% of the GPU market, a dominance that exacerbates international inequality and stifles fair competition.

Companies violating French antitrust regulations may face fines of up to 10% of their global annual turnover, although involved enterprises can avoid fines by making concessions.