News Snapshot:
Nvidia shares were hit after it said it would take a $5.5 billion charge over new US export controls on itsH20 chips. Photograph: Jeff Chiu / AP Photo Another week, another victim of Trump-related uncertainty – AI giant Nvidia. Shares in the chipmaker tumbled after it said it would take a $5.5 billion (€4.8 billion) charge due to new US export controls on its less powerful H20 chips, widely used by Chinese tech firms. Nvidia had believed the chips might be exempt from restrictions following a Mar-a-Lago meeting with US president Donald Trump, who was reportedly impressed by the company’s...
News Timeline:
Track the development of related news across the Internet.
April 22, 2025
07:45
Nvidia has now lost more than $1.3 trillion in market cap. Is it finally time to buy the stock?
Source: fool.com.au
April 17, 2025
04:19
US stocks drop as Nvidia slides and the fog of Trump’s trade war thickens
Source: bradfordtoday.ca
April 17, 2025
03:03
US stocks tumble as Nvidia slides and the fog of Trump’s trade war thickens
Source: sootoday.com
April 16, 2025
22:21
US trade restriction on Nvidia sends markets tumbling again
Source: theguardian.com
March 18, 2025
21:11
Nvidia’s rebound could be good sign for Trump trade talks: Tom Lee
Source: cnbc.com
March 18, 2025
20:47
Nvidia’s GTC event could be a ‘wake-up moment’ for investors as the AI trade falters
Source: finance.yahoo.com
January 28, 2025
00:29
How U.S. efforts to keep China from Nvidia’s fastest chips may have backfired
Source: cnbc.com
December 9, 2024
19:26
China is probing Nvidia in a major escalation of its chip war with the US
Source: edition.cnn.com
December 4, 2024
10:09
US chips are ‘no longer safe,’ Chinese industry bodies say in latest trade salvo
Source: indianexpress.com
