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09-04

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Nvidia Stock Slips Another 3% After Report of Justice Department Subpoenas

Shares of Nvidia slipped 2.8% in premarket trading, extending losses from yesterday, as investors digested reports that the chip giant had received subpoenas from the Justice Department as part of an

Nvidia Stock Slips Another 3% After Report of Justice Department Subpoenas

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Last week, the company reported its latest quarterly financial results, which showed the AI giant's run of powerful growth continuing even as some investors raised questions about growth sustainability.\"Nvidia wins on merit, as reflected in our benchmark results and value to customers, who can choose whatever solution is best for them,\" said a Nvidia company spokesperson via email about the Bloomberg report. 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