US tariff restrictions News

Nvidia Shares Plunge 7% Amid Fears of $5.5B Export Loss Due to US Tariff Restrictions

Nvidia's shares dropped over 7% after the company warned of a $5.5 billion loss due to new US tariff restrictions on chip exports to China, as revealed in an SEC filing.

Nvidia Shares Plummet 7% Amid $5.5B Export Loss Warning Due to US Tariff Restrictions

Nvidia's shares fell over 7% premarket after warning of a $5.5 billion loss due to new US tariff restrictions on chip exports to China, including the H20 model. The SEC filing high...