NVIDIAhas taken off in recent years thanks to its advances in artificial intelligence. So much so that the American tech giant even became the most valuable company in the world, at one point surpassing Apple and Microsoft, increasing its market value to over 3 trillion dollars. It has been in the top 3 of this list for a long time.

However, today there was a development that seriously affected the company. An investigation by the US Department of Justicecausing the company’s stock to hit rock bottom.

It lost nearly $280 billion in value in one day

NVIDIA shares, which rose to around $135 in June, for $105 stood out. When the markets close from $108 was traded. At the time of writing this news, it is also trading at $108.

Naturally, this huge drop in share price had serious consequences for the market value of the company. technology giant, About $278 billion in 1 day at a loss suffered one of the largest daily losses in history. At this time $2.649 trillion It is the third most valuable company in the world by value.

NVIDIA is accused of forcing other companies to use its products

The move by the department was first reported yesterday by Bloomberg. US Company violate antitrust laws The department has issued subpoenas to NVIDIA and several companies, meaning the company will have to testify about the allegations.

The decision was quickly reflected in the market, sending shares plummeting. According to sources close to the matter, officials have warned NVIDIA to force other companies to use only its artificial intelligence chips and services. you forced he thinks. In addition, companies prevent companies from working with other chip manufacturers and even companies that do not use their own products. “punished” Even between the claims.