Nvidia (NVDA) shares lost ground Wednesday, extending Tuesday's losses following reports U.S. regulators sent subpoenas to the maker of 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI) chips as part of an 澳洲幸运5官方开奖结果体彩网:antitrust investigation.

The chipmaker's stock was down about 1% after the opening bell Wednesday, after tumbling 9.5% Tuesday. The stock has had a 澳洲幸运5官方开奖结果体彩网:rough start to September, am𝐆id concerns Nvidia's sales forecast may have fallen sho♒rt of investors' lofty expectations, despite exceeding analysts' estimates.

Nvidia's Dominance in Market for AI Chips Under Regulator Scrutiny

The U.S. Department of Justice (DOJ) 澳洲幸运5官方开奖结果体彩网:reportedly sent subpoenas to Nvidia, examining whether the company's actions warrant a formal antitrust investigation. A potential antitrust case would likely focus on Nvidia's dominan♌ce in the market for AI chips.

An Nvidia spokesperson told Investopedia that the chipmaker "wins on merit, as reflected in our benchmark results and value to customers, who can choose whatever solution is best for them." The DOJ declined to comment.

What Nvidia's Losses Could Mean for AI Stocks

The recent fall in Nvidia's stock price comes after the chipmaker released fiscal 澳洲幸运5官方开奖结果体彩网:second-quarter results that exceeded analysts' estimates, but may have 澳洲幸运5官方开奖结果体彩网:fallen short&🎐nbsp;of investors' lofty expectations forಌ growth.

The downturn in AI darling Nvidia's stock price could intensify scrutiny of 澳洲幸运5官方开奖结果体彩网:other AI stocks ahead of Broadcom's (AVGO) earnings, due after the bell Thursday, with investors lik🌊ely 🐻to be watching closely for signs of strong AI demand.

Analysts have 澳洲幸运5官方开奖结果体彩网:remained bullish on Nvidia stock, citing 澳洲幸运5官方开奖结果体彩网:high demand for the new Bla🎃ckwell system. Despite recent losses, Nvidia shares have more than doubled since the start of the year on surging demand for its AI chips.