News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
NVIDIA (NVDA.US) Receives Antitrust Investigation Subpoena from US DOJ; Shrs Drop Another 2% in After-hours
The US Department of Justice (DOJ) has issued subpoenas to NVIDIA (NVDA.US) and other companies, saying it is seeking evidence that the companies have violated antitrust laws, Bloo...
Reset
Send
The window will close in 5 seconds
NVIDIA (NVDA.US) Receives Antitrust Investigation Subpoena from US DOJ; Shrs Drop Another 2% in After-hours
Close
Recommend
2
Positive
4
Negative
6
 
SHORT SELL
 
STOCK INFO

The US Department of Justice (DOJ) has issued subpoenas to NVIDIA (NVDA.US)      and other companies, saying it is seeking evidence that the companies have violated antitrust laws, Bloomberg reported.

NVIDIA shares further dived over 2% in after-hours following a 9.5% crash on Tuesday.

Related NewsTSMC Sep Rev. Spikes ~40% YoY
The report cited people familiar with the matter as saying that the DOJ had previously sent questionnaires to the companies, and is now sending legally binding requests for information, moving one step closer to a formal complaint within the government investigation process.

Antitrust officials are concerned that NVIDIA is making it more difficult to switch to other suppliers and penalising buyers who don't use its AI chips, the sources stated.

(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

Related NewsNvidia, on Strong AI Demand, Has Shrs Grossed Gains of 25% in 1Mth

AAStocks Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.