Nvidia Denies Receiving Subpoena Amid Antitrust Rumors

Nvidia has denied rumors of receiving a subpoena from the US Department of Justice (DOJ) regarding antitrust issues.

This clarification came after a Bloomberg report suggested that the company may be involved in a DOJ investigation, which many believe led to a drop in Nvidia’s stock price.

In response, Nvidia said it had contacted the U.S. Department of Justice and had not received any subpoenas, adding that it remained open to answering any regulatory questions.

The Bloomberg report suggested that Nvidia’s dominant position in the AI chip market, where it controls over 80%, may have sparked the DOJ’s interest, especially since competitors such as AMD and Intel are only now starting to catch up.

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While Nvidia confirmed that it had not received a formal subpoena, an anonymous source later said that the DOJ had issued a civil investigative demand that was less formal but still required the company to provide specific documents or information.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.