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Nvidia Faces Antitrust Probe in Three DOJ Inquiries

TL;DR

  • Two administration officials told Semafor the DOJ is running three investigations that could sweep up Nvidia.
  • One probe targets Nvidia on antitrust grounds; the other two focus on Megaspeed and Supermicro and center on Alice Huang.
  • There is no indication the DOJ would seek to charge Nvidia or Jensen Huang criminally at this time.

The U.S. Justice Department is running three investigations that could sweep up Nvidia, two administration officials told Semafor. One, on antitrust grounds, targets the chipmaker itself. The other two focus on Megaspeed and Supermicro.

The Megaspeed and Supermicro probes, Semafor writes, "have focused on the involvement of Alice Huang, an alleged Chinese spy that Huang admitted to having an extramarital affair with before he resigned." Jensen Huang stepped down from Nvidia after that disclosure. "There's no indication that the DOJ would seek to charge Nvidia, or Huang, criminally at this time," the report says.

Supermicro pushed back on being pulled into the Megaspeed strand. "Megaspeed is not, and has never been, a Supermicro customer," a spokesperson said, adding that the company has "fully cooperated with US and Taiwanese officials" and engaged voluntarily with Singapore authorities. Spokespeople for Nvidia and the DOJ didn't provide a comment; Megaspeed didn't immediately respond.

It's the latest in a stream of Nvidia and regulation alerts moving through our feed this week; Huang has separately agreed to testify under oath to Congress before Thanksgiving, a GOP lawmaker said.