Nvidia Shares Plummet Amid Chinese Chip Guidance
Nvidia’s share price has fallen by 2.2% after Chinese regulators issued guidance discouraging AI firms from buying the company’s H20 chips, due to US export restrictions. This move affected Nvidia suppliers like Samsung and SK Hynix, leading to a decline in their shares as well. However, Chinese chipmakers Cambricon and Semiconductor Manufacturing International Corp. (SMIC) … Read more