Home About

TL;DR CNBC


Nvidia says it didn't receive antitrust subpoena from DOJ - TL;DR CNBC

Nvidia says it didn't receive antitrust subpoena from DOJ

Publishing timestamp: 2024-09-04 16:53:47


Summary

Nvidia denied receiving a subpoena from the Department of Justice over antitrust concerns, stating they have not been subpoenaed but are willing to answer any questions regulators may have about their business. Bloomberg had reported the subpoena, causing Nvidia's stock to slip in after-hours trading. The company's recent rise has been attributed to its dominance in artificial intelligence chips for data centers.


Sentiment: NEUTRAL

Tickers: NVDA,  AMD,  INTC, 

Keywords: generative ai,  justice department,  advanced micro devices inc,  breaking news: technology,  technology,  business,  apple inc,  nvidia corp,  intel corp,  business news,  artificial intelligence,  regulatory agencies, 

Source: https://www.cnbc.com/2024/09/04/nvidia-says-it-didnt-receive-antitrust-subpoena-from-doj.html


Developed by Leo Phan