The Department of Justice has contacted Nvidia relating to the company’s more than 80% market share of the burgeoning AI chip industry. Reports that the DOJ sent subpoenas to the leading manufacturer of data center graphics processing units,

It’s Fed decision day—and it'll be difficult for the chip maker's shares to make gains until investors have more clarity about the central bank's next move.

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The central bank's decision to slash borrowing costs by 50 basis points is easing concerns about the economy. That could lift the AI trade.

A Wall Street analyst initiated coverage of three semiconductor stocks with buy ratings, citing their exposure to the artificial intelligence boom.