The French antitrust investigation into Nvidia is nearing completion, with a potential maximum fine of 10% of its global annual revenue.

```htmlGolden Ten Data July 9｜An official from the French Competition Authority has confirmed externally that the antitrust investigation into AI chip giant Nvidia is nearing completion. The regulatory agency is likely to issue a formal statement of objections soon, accusing the company of multiple actions that restrict market competition. According to reports, the investigation began in 2023, with the agency conducting a surprise inspection of Nvidia’s French branch that year, focusing on Nvidia’s absolute dominance in the global GPU and AI cloud computing sectors. Under French antitrust law, if Nvidia is ultimately found in violation, it could face a hefty fine of up to 10% of its global annual revenue.```