Reported about 7 hours ago
Nvidia's stock has declined over 9% ahead of its upcoming earnings report, as investors react to potential new export restrictions from the Trump administration on the chip industry and delays in production of its AI Blackwell chips. Concerns have arisen over possible sanctions against specific Chinese firms and issues related to overheating and glitches in the Blackwell products, which impacted order volumes from major clients like Microsoft and Amazon. Despite these challenges, analysts maintain a generally positive outlook for Nvidia ahead of the earnings call.
Source: YAHOO