The Justice Department is investigating whether Nvidia’s December 2025 licensing arrangement with AI chip startup Groq was designed to avoid premerger notification requirements under federal antitrust law.
Tag: Nvidia
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Nvidia-Backed Firmus Scraps $5 Billion IPO After Investors Reject 600x Revenue Multiple
AI data center firm Firmus cancelled its Australian $5 billion IPO after investors rejected a $30 billion valuation roughly 600 times its fiscal 2026 revenue.
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Amazon Explores $8 Billion Nvidia Chip SPV as AI Infrastructure Costs Surge
Amazon is structuring a special-purpose vehicle to hold $8 billion in Nvidia Grace Blackwell chips, leasing them back while transferring balance-sheet pressure to outside investors in a model that signals how extreme AI capital costs have become.
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California CEO Charged in $300 Million GPU Smuggling Ring That Routed Nvidia Chips to China
Federal prosecutors indicted Greg Lui of Earthmade Computer on three counts covering export-control violations, smuggling, and money laundering, alleging he shipped over $300 million in restricted AI-grade servers to China via Malaysia and Singapore.
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Nvidia’s Hugging Face Openness Pledge Sets Up US-EU Antitrust Fault Line
Nvidia’s pledge to keep Hugging Face hardware-neutral after its $12.93 billion acquisition is shaping how regulators in the US, EU, and UK frame their merger reviews.
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DOJ Probes Whether Nvidia Structured Groq Deal to Sidestep Antitrust Review
The Justice Department has sent Nvidia a formal demand for information examining whether its December 2025 licensing arrangement with AI chip startup Groq was structured to bypass automatic antitrust review.
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Nvidia Confirms $12.9 Billion Deal to Acquire AI Platform Hugging Face
Nvidia confirmed a $12.93 billion deal to acquire Hugging Face on September 3, the open-source AI hub used by 18 million developers globally.
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SEMICON Taiwan 2026 Opens With Record Exhibitors and AI at the Centre
SEMICON Taiwan 2026 opens September 2-4 in Taipei with more than 1,300 exhibitors and 4,300 booths, as the global semiconductor industry gathers to navigate AI-era demand pushing 300mm fab equipment spending toward $150 billion.
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Nvidia Closes In on a $12.9 Billion Hugging Face Deal
Nvidia is in advanced talks to acquire Hugging Face for $12.9 billion, a deal that would give the chip giant control over the open-source AI hub used by more than a million developers worldwide.
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Nvidia Posts $96 Billion Quarter and Guides to $108 Billion Ahead
Nvidia posted $96.2 billion in second-quarter revenue, up 106% year-on-year, and guided the next quarter to $108 billion on sustained data center demand.