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,

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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.