Last month, Nvidia briefly became the worlds most valuable company, reaching a market capitalisation of$3.3tn.

Behind the companys meteoric rise to the top lies its market dominance in advancedAIchips.

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Why Nvidia could soon be with hit with antitrust charges in France

Analystsestimatethat thetechgiant accounts for a 70%-85% share of the AI chips market.

This market dominance has put Nvidia in the EUs crosshairs.

This would mark the first time a national enforcer is taking legal action against the tech company.

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The developments follow a Septemberraid of Nvidias officesin France as part of the authoritys investigation into cloud computing competition.

Nvidia was alsoreportedlysubject of an informal EU probe into suspected monopolistic practices in the AI chip sector.

The French regulators next move could initiate a domino effect on national and EU-wide reactions alike.

Ioanna Lykiardopoulou

Story byIoanna Lykiardopoulou

Ioanna is a writer at TNW.

With a background in the humanities, she has a soft spot for social impact-enabling technologies.

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