Nvidia denies DOJ antitrust subpoena, shares rise after-hours

From Cointelegraph

September 04, 2024 07:23:22 PM:

Nvidia shares saw a slight increase in after-hours trading after denying reports of a Justice Department antitrust probe.

The chipmaker’s stocks rose by 0.45% to $554.90 per share following the company’s statement dismissing the antitrust investigation rumors.

Nvidia’s denial of the Justice Department probe helped boost investor confidence in the company, leading to a positive response in the stock market.

Investors reacted positively to Nvidia’s statement, causing a slight uptick in the chipmaker’s share prices during after-hours trading.

Read more at Cointelegraph: Nvidia denies receiving DOJ antitrust subpoena