Nvidia has been served with subpoenas by the Justice Department as part of its ongoing investigation into potential antitrust violations that have dominated the AI market.
Despite Nvidia’s commitment to complying with legal requests, the Justice Department is scrutinizing complaints that Nvidia has allegedly abused its market dominance in AI chip sales.
Nvidia’s CEO Jensen Huang saw a dramatic loss in net worth due to a significant dip in stock value, reflecting investor concerns over AI market dynamics.
The Justice Department's antitrust division, led by Assistant Attorney General Jonathan Kanter, is exploring allegations that Nvidia pressured cloud providers to purchase multiple products.
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