Nvidia Keeps Falling Late As DOJ Reportedly Issues Subpoenas In AI Antitrust Probe
NVIDIA's Stock Has Been Falling Lately
NVIDIA's stock price has been falling lately, and one reason may be that the company is facing an antitrust probe from the US Department of Justice (DOJ).
The DOJ is reportedly investigating whether NVIDIA has been engaging in anti-competitive practices in the AI market. NVIDIA is a major player in the AI market, and if it is found to have been engaging in anti-competitive practices, it could face significant penalties.
The DOJ's Investigation Is Focused On NVIDIA's AI Business
The DOJ's investigation is focused on NVIDIA's AI business, which includes the company's GPUs and AI software. NVIDIA's GPUs are used in a wide range of AI applications, including machine learning, deep learning, and computer vision.
The DOJ is reportedly investigating whether NVIDIA has been using its dominant position in the AI market to harm competition. The DOJ is also reportedly investigating whether NVIDIA has been engaging in anti-competitive practices in the market for AI software.
NVIDIA Could Face Significant Penalties If It Is Found To Have Violated Antitrust Laws
If NVIDIA is found to have violated antitrust laws, it could face significant penalties. The DOJ could require NVIDIA to change its business practices, and it could also impose fines on the company.
In addition, NVIDIA could face lawsuits from private parties who have been harmed by the company's anti-competitive practices.
NVIDIA Has Denied Any Wrongdoing
NVIDIA has denied any wrongdoing, and the company is cooperating with the DOJ's investigation.
NVIDIA has said that it is committed to fair competition, and that it believes that its business practices are in compliance with antitrust laws.
The DOJ's Investigation Is Ongoing
The DOJ's investigation into NVIDIA is ongoing, and it is not clear when the investigation will be completed.
However, the investigation is a significant development, and it could have a major impact on NVIDIA's business.
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