EU Prosecutors Probe Northern Data’s €500 Million GPU Buy
October 1, 2025 at 3:19 PM UTCUpdated on October 1, 2025 at 4:08 PM UTCA criminal investigation that led to raids of Northern Data AG’s offices last week is focused on whether the company illegally claimed a tax break on about €500 million ($586 million) worth of high-performance computing chips, according to people familiar with the matter.European prosecutors are looking at Northern Data’s purchase of graphics processing units for a site in northern Sweden, said the people, who asked not to be...
Read more at bloomberg.com