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it home reported on september 4 that according to bloomberg, after the market reported that chip stocks plummeted and the us department of justice issued a subpoena to nvidia, the wealth of nvidia ceo huang renxun recorded the largest drop in history.

on tuesday local time, huang renxun's wealth recorded the largest reduction in history, with his net worth plummeting by about $10 billion to $94.9 billion on tuesday (it home note: currently about 675.658 billion yuan).the size of the drawdown was the largest in a single day since the bloomberg billionaires index began tracking his wealth in 2016.

it is reported that the plunge was caused by a 9.5% drop in nvidia's stock price. a spokesperson for nvidia declined to comment.

the subpoena issued by the u.s. department of justice to nvidia escalates its antitrust investigation into the company's dominance in the field of artificial intelligence. nvidia and other affiliated companies have received legally binding information requests, saying they are investigating whether nvidia has made it more difficult for customers to switch to other suppliers and whether it has penalized buyers who do not use its artificial intelligence chips exclusively.

nvidia briefly surpassed microsoft this summer to become the world's most valuable company, but now it lags behind microsoft and apple. before the subpoena was announced on tuesday afternoon, the company's stock price fell more than 9%, and its market value shrank by about $279 billion (currently about 1.99 trillion yuan) in one day.