Reported about 13 hours ago
Nvidia's stock plummeted 8.7% to its lowest closing price since September, following reports that its AI chips are being illegally shipped to China despite export controls. Investigations into customers Dell and Super Micro for potentially violating U.S. export restrictions have added to investor concerns, with Nvidia's shares falling over 12% in the past week. The company's latest Blackwell chips reportedly still showed strong fourth-quarter revenues, but analysts warn of possible impacts from ongoing and future sales restrictions to China.
Source: YAHOO