Nvidia faces continued concerns about potential restrictions on exports of its AI hardware amid reports that advanced chips are reaching China despite U.S. sanctions.
Super Micro Computer (SMCI), and Dell (DELL) shares plunged Monday after Singapore said it’s investigating whether servers shipped to Malaysia containing chips barred from China ended up in the mainland.
For a nearly $3 trillion company, Nvidia sure is looking cheap these days. The broad market’s tariff-induced selloff on Monday hit the AI titan particularly hard. Nvidia’s share pr
Nvidia stock sank 9.8% Monday to its lowest level since last September as reports surfaced of the tech giant’s AI chips reaching China despite export controls.
Nvidia executives struck a cautious note on the company’s China business during its quarterly earnings call Wednesday. CEO Jensen Huang clarified the company’s China sales are half of what they were before the U.
Nvidia shares slid Monday, extending last week's post-earnings losses amid concerns about AI spending and the potential impact of policies on tariffs and AI chip export restrictions.
Also in the semiconductor industry, Intel (INTC) gained 1.5% after Nvidia and Broadcom (AVGO) were said to be testing out chip production with the company. Intel was a large recipient of government funding from former President Joe Biden’s CHIPS & Science Act, signed in 2022.
Servers used in a fraud case that Singapore announced last week were supplied by U.S. firms and may have contained Nvidia's advanced chips, a government minister said on Monday.
Singapore is investigating whether Dell Technologies Inc. and Super Micro Computer Inc. servers shipped to Malaysia housed Nvidia Corp. chips barred from China, outlining a case that’s highlighted the role of middlemen in funneling high-end semiconductors.
A top Nvidia executive said President Trump’s potential tariffs and export controls on its powerful computer chips remains an “unknown” for the business in the near future.