Nvidia Denies DOJ Subpoena Report Amid Antitrust Speculation as Stock Dips Following Bloomberg Report

Benzinga 2024-09-05

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Nvidia denied reports that it received a subpoena from the Department of Justice over antitrust concerns. The company clarified that while it has not been subpoenaed, it can answer any regulatory questions. This comes after a Bloomberg report claimed Nvidia had been subpoenaed, which caused a decline in the company's stock during after-hours trading. Nvidia's dominance in the AI chip market has raised concerns as it continues outperforming competitors.

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