The Justice Department’s antitrust investigation into Nvidia’s artificial intelligence dominance is reportedly escalating as the company is the hardware company of choice Bloomberg. The outlet reports that Nvidia and other companies have received legally binding requests for information, and sources say regulators are investigating whether Nvidia “makes it more difficult to switch to other suppliers and punishes people who don’t exclusively use its AI chips.” of buyers.
Nvidia surpassed Microsoft to become the world’s most valuable company earlier this summer, but now it trails Microsoft and Apple. The company’s shares fell more than 9% before the subpoena was issued on Tuesday afternoon, wiping out about $279 billion in market value in one day.
but as Bloomberg Noting that even after Nvidia’s report, Nvidia’s stock price has more than doubled this year as the artificial intelligence boom drives sales of the company’s expensive chips. information It said a few weeks ago that its upcoming Blackwell series of artificial intelligence chips may be “delayed by three months or more due to design flaws.”
