{"id":136790,"date":"2024-09-05T14:30:18","date_gmt":"2024-09-05T11:30:18","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=136790"},"modified":"2024-09-05T13:23:11","modified_gmt":"2024-09-05T10:23:11","slug":"nvidia-denies-receiving-subpoena-amid-antitrust-rumors","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/nvidia-denies-receiving-subpoena-amid-antitrust-rumors\/","title":{"rendered":"Nvidia Denies Receiving Subpoena Amid Antitrust Rumors"},"content":{"rendered":"<p>This <strong><a href=\"https:\/\/www.forbes.com\/sites\/antoniopequenoiv\/2024\/09\/04\/nvidia-denies-it-was-subpoenaed-in-justice-department-antitrust-probe\/\">clarification<\/a><\/strong> 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&#8217;s stock price.<\/p>\n<p>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.<\/p>\n<p>The Bloomberg <strong><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-09-03\/nvidia-gets-doj-subpoena-in-escalating-antitrust-investigation?fromMostRead=true=yaJhKSOh\">report<\/a><\/strong> suggested that Nvidia&#8217;s dominant position in the AI chip market, where it controls over 80%, may have sparked the DOJ&#8217;s interest, especially since competitors such as AMD and Intel are only now starting to catch up.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/bitcoin-will-revolutionize-traditional-finance-according-to-cantor-fitzgerald-ceo\/\" title=\"Bitcoin Will Revolutionize Traditional Finance, According to Cantor Fitzgerald CEO\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/bitcoin-5511831_960_720-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Bitcoin Will Revolutionize Traditional Finance, According to Cantor Fitzgerald CEO<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nvidia has denied rumors of receiving a subpoena from the US Department of Justice (DOJ) regarding antitrust issues.<\/p>\n","protected":false},"author":3,"featured_media":15857,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[],"class_list":["post-136790","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Nvidia Denies Receiving Subpoena Amid Antitrust Rumors<\/title>\n<meta name=\"description\" content=\"Nvidia has denied rumors of receiving a subpoena from the US Department of Justice (DOJ) regarding antitrust issues.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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