JEN-HSUN HUANG ON U.S. FEDERAL TRADE COMMISSION ACTION
Today, our president and CEO Jen-Hsun Huang stated the following in response to the U.S. Federal Trade Commission’s legal action against Intel:
“We support today’s action by the FTC, which has fully recognized Intel’s behavior as an impediment to progress in the computer industry and to consumer choice.
As the FTC states, when Intel fell behind in innovation within its core CPU market, it moved to smother competition in the GPU marketplace. This has curbed innovation and investment, and reduced consumer choice.
The GPU is critical for common applications like graphics, video and photo processing. Today’s filing is sorely needed to stop Intel from using unlawful tactics to lock out the GPU and block consumers from its revolutionary benefits.”