Nvidia Subpoenaed by Justice Department Over Antitrust Probe

Nvidia is reportedly under investigation by the US Department of Justice (DOJ) over antitrust concerns. The company received a subpoena seeking documents and information related to its business practices.

The DOJ has not yet publicly confirmed the investigation. However, Bloomberg reported that the subpoena was issued as part of a broader DOJ probe into the semiconductor industry.

Nvidia is one of the world's largest manufacturers of graphics chips. The company's products are used in a wide range of devices, including gaming PCs, laptops, and smartphones.

The DOJ's investigation is reportedly focused on Nvidia's alleged anti-competitive practices. These practices may include exclusive deals with other companies, predatory pricing, and bundling of products.

If the DOJ finds that Nvidia has violated antitrust laws, the company could face penalties such as fines, divestitures, or injunctions.

The subpoena is a significant development in the DOJ's antitrust investigation of the semiconductor industry. It suggests that the DOJ is taking a closer look at Nvidia's business practices.

The outcome of the investigation could have a significant impact on Nvidia's business. If the company is found to have violated antitrust laws, it could face penalties that could harm its financial performance.