Nvidia Says 'We Have Not Been Subpoenaed' By Dept. Of Justice
Portfolio Pulse from Benzinga Newsdesk
Nvidia has clarified that it has not been subpoenaed by the Department of Justice, countering any rumors or misinformation. This statement aims to reassure investors about the company's legal standing.
September 04, 2024 | 7:53 pm
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Nvidia has stated that it has not received a subpoena from the Department of Justice, which should alleviate any investor concerns about potential legal issues.
The clarification from Nvidia that it has not been subpoenaed by the DOJ removes any immediate legal concerns that could negatively impact the stock price. This reassurance is likely to have a positive short-term effect on Nvidia's stock as it dispels uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100