Nvidia market cap decline extends to $505 billion after report of antitrust probe by the Justice Department

Nvidia Corporation, often known as NVIDIA, is an American technology company that produces graphics processing units (GPUs) for gaming and professional markets, as well as system on a chip units (SoCs) for the mobile computing and automotive market. It is one of the largest suppliers of GPUs in the world, and its GPUs are used in many consumer electronic devices such as personal computers and gaming consoles. Founded by Jensen Huang, Chris Malachowsky, and Curtis Priem in 1990, NVIDIA's headquarters are located in Santa Clara, California. The company's stock is listed on the Nasdaq Stock Market under the ticker symbol "NVDA".