BREAKING: Super Micro $SMCI tumbles -13.11% after Semafor reports that the DOJ has three separate investigations involving $NVDA, Megaspeed and Super Micro.
According to the report, one probe focuses on NVIDIA over potential antitrust concerns, while two others involve Megaspeed and Super Micro, with investigators examining the alleged involvement of Alice Huang.
The report adds another layer of uncertainty for the AI industry following Jensen Huang's resignation as NVIDIA CEO.
Importantly, the investigations are separate, and there is currently no indication that prosecutors intend to bring criminal charges against NVIDIA or Jensen Huang.
Semafor reports $NVDA NVIDIA is facing an antitrust investigation by the U.S. Department of Justice.
Semafor reports there are no signs the DOJ is seeking to bring criminal charges against Nvidia CEO Jensen Huang.
BREAKING: NAS100 erases all earlier losses and turns positive, gaining +0.60% as investors buy the dip in $NVDA.
NVIDIA has also recovered sharply, erasing more than half of its losses on the day as buyers step in following the sharp selloff.
$SPCX - SpaceX: In the Rio Grande Valley, SpaceX is planning to invest more than $24 billion in new supercomputing infrastructure
SpaceX plans $50B supercomputing campus in Arizona with 6,500 jobs
$LUNR - Intuitive Machines Q3 Income Statement
Intuitive Machines delivered explosive revenue growth, up 413.7% Y/Y.
The business is still investing heavily, with operating expenses keeping it in an operating loss despite the much stronger top line.
Explore income flow chart on
NOW THAT $NVDA Nvidia CEO JENSEN HUANG, who has done a fantastic job, has resigned, there is only one man to take his place - TIM COOK of $AAPL Apple. A Legend replaces a Legend! President DONALD J. TRUMP
The $NVDA Board would not have chosen Colette Kress during this crisis if it believed she were complicit. I imagine those that work with her know her to be beyond reproach.
At the same time, the Board's inability to elevate, from inside, someone with sufficient operating experience is in itself concerning. -- BURRY Comments