this post was submitted on 09 Dec 2024
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Correct me if I'm wrong and I won't even get into why the chinese government is an absolute hypocrite here once again, but Nvidia is probably the defacto monopoly corporation that deserves an anti trust probe the least because competition isn't even trying as of late.
Going tit-for-tat with the US on investigations of rival tech companies isn't hypocritical, its retaliatory. This is a strategic response to an escalating tech sector trade war.
NVIDIA has acquired 23 different companies in the last 5 years. Six in 2024 alone. Back in 2020, they straight up bought out ARM for $40B, eliminating an enormous chunk of their domestic competition. This was a strategic prelude to cornering the manufacturing of AI-centric hardware.
These mergers never should have been allowed to take place. They've squashed anything resembling competitive pricing and created a choke point in distribution that the bigger tech companies have exploited to crowd out competitors in the nascent AI industrial space. In a sane world, an anti-trust claim would be open-and-shut. NVIDIA is caught red-handed in the act. They're straight up bragging about it to their investors. Its the singular reason for their skyrocketing stock price.
The only incentive rivals have, at this point, is to get large enough for a company like NVIDIA to buy you out. There is no competition because the market has already been cornered.
They didnt buy ARM. They tried to, but the buy out failed. Biden's FTC shut that merger down.