Reported about 20 hours ago
Nvidia's stock plummeted by 6% following reports that the Trump administration may implement additional restrictions on chip sales to China. Bloomberg revealed that discussions regarding the new curbs are in the early stages and could impact Nvidia's H20 chips. This comes after a turbulent week for Nvidia shares, which previously experienced a significant drop driven by competition from a new AI model developed by a Chinese startup. Although the stock saw a brief rebound, the recent news indicates continued uncertainty for Nvidia in the market.
Source: YAHOO