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How Nvidia Could Get Into Legal Hot Water
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How Nvidia Could Get Into Legal Hot Water

Nvidia (NVDA) shares remain under pressure as the Department of Justice has issued a subpoena to Nvidia over possible antitrust violations, according to a report from Bloomberg.

Patrick Moorhead, founder, CEO and principal analyst of Moor Insights & Strategy, joins Morning Brief to provide insight into Nvidia’s recent performance, potential legal issues and how the company can turn things around.

Moorhead explains why Nvidia could run into trouble later: “Nvidia has over 90% of the data center GPU market. Technically, it’s a monopoly and it’s in a hot market and an important market for society, like AI, that’s just sending red flashes into the world.”

To keep investors happy, Moorhead argues, “What Nvidia can do is continue to deliver the highest computing performance in the data center to solve the problems of the hyperscalers and the enterprises in the tier 2 CSPs.”

Read more about the fall of Nvidia here.

For more expert insights and the latest market activity, click here to watch the full episode of Morning Brief.

This post was written by Nicholas Jacobino