Nvidia CEO: FTC action 'transforms' industry
Nvidia CEO Jen Hsun Huang issued an internal memo today to employees, calling the legal action by the Federal Trade Commission on Wednesday an event that could potentially "transform the computer industry."
The memo follows:
Hi everyone,
The U.S. government announced today that it has filed an antitrust lawsuit against Intel. This is an action the industry needs and one that consumers deserve. And it's one that can completely transform the computer industry.
The facts are clear. The FTC has charged that Intel has used its monopoly illegally to stifle innovation, to keep prices for their … Read more