news

nvidia's stock price plummeted due to the us department of justice's antitrust investigation

2024-09-04

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

cailianshe news, september 4 (edited by zhao hao)according to media reports, the us department of justice has issued subpoenas to nvidia and other companies to find evidence that the artificial intelligence chip giant has violated antitrust laws.

people familiar with the investigation revealed that the justice department has sent questionnaires to many companies and is now sending legally binding requests to these companies to require them to provide information, which means that the justice department is one step closer to formally filing a lawsuit against nvidia.

antitrust officials are concerned that nvidia is making it harder for customers to switch to other suppliers and putting buyers who don't use all of its artificial intelligence chips at a disadvantage, people familiar with the matter said.

regulators are asking whether nvidia offers preferential pricing and supply channels to customers who use only its products.

the justice department is also investigating nvidia’s acquisition of software startup run:ai, announced in april, amid concerns that the partnership would make it harder for customers to switch from nvidia chips because run:ai makes software for managing ai calculations.

nvidia closed down 9.53% on tuesday and fell nearly 2% after trading closed due to the news.