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Nvidia denies receiving DOJ antitrust subpoena

Nvidia denies receiving DOJ antitrust subpoena

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Source: Coin Telegraph

Nvidia shares saw a slight after-hours bump as the chipmaker denied a report that it received a Justice Department antitrust probe.

Nvidia has denied a report that it received an antitrust subpoena from the United States Justice Department, with its share price seeing a slight rise in after-hours trading.

“We have inquired with the US Department of Justice and have not been subpoenaed,” an Nvidia spokesperson told Cointelegraph, first reported by CNBC. “Nonetheless, we are happy to answer any questions regulators may have about our business.”

“Nvidia wins on merit, as reflected in our benchmark results and value to customers, and customers can choose whatever solution is best for them,” the spokesperson added.

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Author: Jesse Coghlan