Nvidia Stock Declines Amid Reports of Export Control Evasion

Reported 1 day ago

Nvidia's stock fell 4.5% on Monday due to reports that its advanced chips are being smuggled into China, despite U.S. export restrictions. With the S&P 500 and Nasdaq also experiencing declines, the situation could prompt the U.S. government to impose stricter tariffs or controls, potentially impacting Nvidia's profits.

Source: YAHOO

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