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

Benzinga
Benzinga
  • 3 weeks ago
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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