( September 6, 2024, 18:08 GMT | Official Statement) -- MLex Summary: US Senator Elizabeth Warren welcomed the Department of Justice's investigation into Nvidia over allegedly anticompetitive tactics that have choked off competition and chilled innovation. In a letter to DOJ antitrust chief Jonathan Kanter, the Democratic lawmaker said that Nvidia is the gatekeeper for the world’s AI future as its market power means the company decides who gets chips from its limited supply and how much they pay. "But in carrying out this responsibility, Nvidia has shown that it is not committed to fair play. The company locks customers in by bundling products, software, and services," the letter said. "Without the intervention of U.S. regulators, the prospects of restoring competition in the semiconductor market are bleak," Warren said.Statement and document follow below:...
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