Veteran fund manager rethinks Nvidia stock after shocking export news
Here’s what could be next for Nvidia stock.
Nvidia shares dropped 7% after the AI chipmaker warned of larger costs tied to President Donald Trump's export controls on China.
In a Tuesday submitting, Nvidia disclosed that it would rob a $5.5 billion payment to export its H20 graphics processing models to China and other international locations. The firm also properly-known that transport these chips will now require a government license.
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