Bank of America analysts stated that until more information is available, they assume no specific material impact on Nvidia's fundamental opportunity, despite the DOJ probe.
Nvidia denied being subpoenaed by the DOJ and expressed willingness to cooperate, emphasizing that their success relies on merit and that customers can choose any solution.
Bloomberg reported that the DOJ is investigating whether Nvidia hindered buyers of its AI chips from switching vendors and penalized non-exclusive customers.
The inquiry into Nvidia's market dominance started in June but its exact nature and implications remain uncertain, with Bank of America maintaining a positive outlook on the stock.
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