Shares of graphics processor leader Nvidia have suffered a sharp decline, losing more than 8% in a single day, marking the biggest one-day loss in market capitalization in the company's history, as the U.S. Justice Department launches an antitrust investigation.

US Justice Department and SEC Back Class Action Lawsuit Against Nvidia: Hiding Cryptocurrency Mining Income:
On October 4, 2024, a class action lawsuit was filed against Nvidia, accusing the company of intentionally concealing income related to cryptocurrency mining between 2017 and 2018. The lawsuit has received support from the U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC), indicating the seriousness of the allegations and the potential implications for both Nvidia and the entire tech and cryptocurrency industry.