US antitrust officials are reportedly worried that Nvidia is penalizing buyers that don’t exclusively use its computer chips, a claim Nvidia rebuffed.
Nvidia has suffered its biggest one-day loss in market capitalization, paring over $280 billion in value, after the United States Department of Justice (DOJ) reportedly issued an antitrust subpoena.
Shares in Nvidia (NVIDIA) closed down 9.5% on Sept. 3 at $108, shaving $278 billion off its market cap. It’s the largest single-day value wipeout for any stock in the history of the US share market, per Google Finance data.
Its shares continued to fall more than 2% to a low of $105 in after-hours trading.
