Nvidia Denies Receiving DOJ Subpoena Amid Antitrust Investigation Speculations

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Nvidia publicly stated that it has not received a subpoena from the U.S. Department of Justice. A company spokesperson clarified, “We have inquired with the U.S. Department of Justice and have not been subpoenaed. Nonetheless, we are happy to answer any questions regulators may have about our business.”

This statement comes in response to a report by Bloomberg News on Tuesday, which suggested that the DOJ had issued a subpoena related to a potential antitrust investigation into Nvidia. According to Bloomberg, other companies besides Nvidia have also been served with subpoenas as part of this investigation. The probe appears to be escalating, raising concerns about Nvidia’s business practices.

Recent inquiries from the DOJ have focused on Nvidia’s business practices, specifically looking into its hardware bundling strategies. Sources familiar with the investigation told Reuters that the DOJ has been seeking detailed information on how Nvidia bundles its products. This investigation aims to assess whether these practices may potentially stifle competition or create an unfair market advantage.

In addition to questions about bundling, DOJ officials are scrutinizing Nvidia’s recent acquisition of the Israeli company Run

. Announced in April for a reported $700 million, this acquisition is under review to determine if it could significantly enhance Nvidia’s dominance in the artificial intelligence (AI) computing market. The DOJ’s examination will likely consider whether this acquisition might reduce competition within the AI sector.

Despite the lack of a formal subpoena, Nvidia has expressed its willingness to cooperate with any inquiries from regulatory bodies. The company remains open to providing information and addressing any concerns that may arise as part of the ongoing investigation.

The DOJ has yet to respond to requests for further comment on the matter. As Nvidia navigates these potential regulatory challenges, the tech industry and market observers will be closely monitoring the developments to gauge their impact on Nvidia’s business practices and its position in the AI computing market.