EU Prosecutors Probe Northern Data’s €500 Million GPU Buy

Bloomberg TechnologyWednesday, October 1, 2025 at 3:19:48 PM
NegativeTechnology
EU Prosecutors Probe Northern Data’s €500 Million GPU Buy
The recent criminal investigation into Northern Data AG has raised serious concerns as prosecutors examine whether the company unlawfully claimed a tax break on a staggering €500 million worth of GPU purchases. This probe, which included raids on the company's offices, highlights the scrutiny surrounding corporate tax practices and the potential implications for the tech industry. As the investigation unfolds, it could impact investor confidence and regulatory measures in the sector.
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