Nvidia Plunges On DOJ Probe; Is It A Buy Now?

Amid the larger tech sell-off and market weakness, woes mounted for Nvidia on Friday after reports that the Department of Justice is investigating its acquisition of Run.ai, an artificial intelligence start-up. Nvidia stock fell 7% in early trades Friday after a steep 6.7% plunge on Thursday. After losing its footing at the 50-day moving average nearly two weeks ago, Nvidia is now 15% below that level.