Nvidia Stock Tumbles After Surprise $5.5 Billion Hit From China Export Ban
Nvidia, the Silicon Valley titan at the forefront of the artificial intelligence (AI) chip race, is facing a major blow. On Tuesday night, the company revealed in a regulatory filing that it expects a $5.5 billion charge due to the U.S. government’s sudden tightening of export controls to China, sending Nvidia stock plummeting by as … Continue reading Nvidia Stock Tumbles After Surprise $5.5 Billion Hit From China Export Ban
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