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Nvidia Faces DOJ Antitrust Probe; Huang to Testify Before Congress

The U.S. Department of Justice is investigating Nvidia over antitrust concerns, and former CEO Jensen Huang has agreed to testify before Congress before Thanksgiving on Nov. 26. Huang was also forced to forfeit $108 million in equity awards. Nvidia’s forward price-to-earnings ratio has fallen to a 14-year low, with shares down more than 30% from their record high.

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