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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: NVDAAMDINTC

Keywords: generative aijustice departmentadvanced micro devices incbreaking news: technologytechnologybusinessapple incnvidia corpintel corpbusiness newsartificial intelligenceregulatory agencies

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


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