The U.S. Department of Justice has launched an antitrust investigation into Nvidia for allegedly misusing its dominant position in the AI chip market to unfairly disadvantage competitors, following a push from competitors, groups, and even the Senate.
Tags: Nvidia
Nvidia Becomes World's Most Valuable Company Again Thanks to AI, Robotics
Nvidia reclaims its crown as the world's most valuable company after CEO Jensen Huang teases massive AI and robotics growth at investor meeting.
Nvidia Shares Drop 2.6% Following China's Antimonopoly Probe Over Mellanox Acquisition
Nvidia shares drop following Chinese probe into Mellanox acquisition, tied to escalating US-China chipmaking tensions and anti-monopoly concerns.
Huawei Prepares AI Chip to Rival Nvidia in China, Possibly Generating $2 Billion in Orders
Huawei is set to launch its Ascend 910C AI chip, designed to rival Nvidia’s restricted H100, with initial orders expected to top $2 billion.
US Tech Giants Suffer $1 Trillion Wipeout Following Massive Market Decline
Tech giants in the US lost approximately $1 trillion in market value this week due to recession fears and disappointing economic data, with sharp declines in Nvidia, Apple, and Amazon.
Latest News
Nvidia faces calls from U.S. progressive groups and Senator Elizabeth Warren for a DOJ investigation into its potential anticompetitive practices amid its dominant position in the AI chip market.
Nvidia is developing a modified version of its new flagship AI chip, the "B20," specifically for the Chinese market to bypass U.S. export restrictions.
Nvidia CEO Jensen Huang decided last week to sell over $31 million worth of the company’s stock in a move to entice investors.
Analyst Pierre Ferragu downgraded Nvidia's rating to neutral, citing concerns over future growth and valuation. Nvidia stock has struggled to return to its glory in the past few days.
Nvidia's stock rebounded by 2.2% after three days of declines, impacting the Nasdaq composite and investor concerns about the sustainability of AI stock valuations.
Microsoft has again taken the title of the world's most valuable company from Nvidia. Microsoft has again taken the title of the world's most valuable company from Nvidia.
Nvidia officially surpassed Microsoft Tuesday (June 18) as the world’s most valuable company after its stock price is valued at $135 per share.
Nvidia and CEO Jensen Huang received boycott warnings in China after Huang referred to Taiwan as a necessary "country" in the electronics industry.
The US Justice Department and the Federal Trade Commission reached an agreement that allowed them to proceed with antitrust inquiries into the significant roles Microsoft, Nvidia, and OpenAI have been doing in the development of artificial intelligence.
