Nvidia(US:NVDA) Business Insider·2024-09-06 12:15Core Viewpoint - Senator Elizabeth Warren supports the Justice Department's investigation into Nvidia's alleged anticompetitive practices, emphasizing the economic risks of Nvidia's dominance in AI research and development [2][3]. Group 1: Investigation and Regulatory Actions - The Justice Department has ramped up its investigation into Nvidia, sending legal requests as part of an antitrust probe that has been developing since earlier this year [2][3]. - Warren's letter to Assistant Attorney General Jonathan Kanter expresses concern over Nvidia's influence in the semiconductor market and urges regulators to intervene [3]. Group 2: Market Dynamics and Competition - Nvidia has experienced unprecedented growth due to the AI boom, leading to its dominance in the semiconductor market, which poses challenges for startup companies and academic researchers [3]. - Other chipmakers are attempting to compete but are significantly behind Nvidia in developing GPUs essential for AI demand [3]. Group 3: Anticompetitive Practices - Warren accuses Nvidia of employing anticompetitive tactics that restrict competition and innovation, such as bundling products and services to lock customers in [4]. - Nvidia has responded to the investigation by asserting that its success is based on merit and customer choice [4].