Has the reason for the major drop in nvidia's stock price been found? The US Department of Justice is said to have upgraded its antitrust investigation.

① Informed sources familiar with the investigation revealed that the Ministry of Justice is now issuing legally binding requests to some institutions, asking them to provide information. ② Regulatory authorities are inquiring whether NVIDIA is offering preferential pricing and supply channels to customers who only use their products.

cls.cn49minutes ago

Nvidia Bleeds $279 Billion of Market Cap, But Its Stock Has Plenty of Defenders

MarketWatch19:30 ET

Nvidia's woes worsen after a big drop: reportedly received antitrust investigation subpoena from the US Department of Justice.

According to the media, the U.S. Department of Justice had previously issued investigation questionnaires to some companies, and now it is issuing legally binding requests to companies that have received subpoenas to provide information. Issuing subpoenas means that the investigation into NVIDIA's alleged monopoly of the computing services market is escalating.

wallstreetcn19:01 ET

September opened with a black day! Nvidia plummeted 9.5%, causing chip stocks and the US stock market to collapse. What happened?

On the first trading day of September in the US stock market, Nvidia fell by 9.5%, with a market cap evaporating by 279 billion US dollars, already down 14% since the financial report was released last Wednesday. Some analysts indicate that it is currently 'digesting the troubles of growth', with a bright future ahead, while others believe that Nvidia's financial report has raised doubts in the market about the sustainability of massive investments in AI hardware.

wallstreetcn16:20 ET

Sept Starts With Market Decline | Wall Street Today

Moomoo Recap US16:02 ET

NVIDIA Will Keep Crashing Until This Happens

Benzinga14:25 ET