Nvidia Reportedly Facing Pair of DOJ Antitrust Probes

Nvidia (NVDA) reportedly is facing 2 abstracted U.S. Department of Justice (DOJ) antitrust investigations. 

The first probe is connected to nan semiconductor giant's April acquisition of Israel-based startup Run:ai, according to a Politico study Thursday, which cites "five group pinch nonstop knowledge of nan matter." Run:ai specializes successful nan visualization of graphics processing units (GPUs), and its exertion enables Nvidia's clients to do much pinch less chips, nan study said. 

The 2nd is investigating whether Nvidia is putting unit connected customers not to bargain its rivals' products, arsenic reported by The Information Thursday. The DOJ has reached retired to "several" of Nvidia's competitors, including Advanced Micro Devices (AMD), "to stitchery accusation astir nan complaints," nan study said, citing "two group progressive successful nan discussions." 

Nvidia Defends Its Competitiveness

Nvidia insists it isn’t operating illegally. 

“NVIDIA wins connected merit, arsenic reflected successful our benchmark results and worth to customers,” a spokesperson told Investopedia. “We compete based connected decades of finance and innovation, scrupulously adhering to each laws, making NVIDIA openly disposable successful each unreality and on-prem for each enterprise, and ensuring that customers tin take immoderate solution is champion for them. We’ll proceed to support aspiring innovators successful each manufacture and marketplace and are happy to supply immoderate accusation regulators need.”

The DOJ didn't instantly respond to an Investopedia petition for remark Friday.

Shares of Nvidia fell 3% to $105.75 arsenic of 3 p.m. ET Friday arsenic nan tech selloff continued. Still, nan banal has much than doubled successful value truthful acold successful 2024.