Nvidia Corp. (NASDAQ:NVDA) stock fell nearly 4% in premarket trading on Friday amid reports of an antitrust investigation by the U.S. Department of Justice over allegations of monopolistic practices in the AI chip market. What Happened: The DOJ has commenced an inquiry into Nvidia following complaints from its competitors about potential misuse of its dominant position in the AI chip market, The Information reported on Thursday, citing people involved in the discussions. The investigation is focused on whether Nvidia pressured cloud providers to purchase multiple Nvidia products. The probe als…
