The U.S. government ”indicated that the license requirement addresses the risk that the covered products may be used in, or diverted to, a supercomputer in China,” Nvidia said.
Semiconductor giant Nvidia is facing unexpected new U.S. export controls on its H20 chips.
CNBC's Steve Kovach joins 'Fast Money' with the latest from Nvidia as shares drop in extended trading.
Nvidia said on Tuesday that it will take a quarterly charge of about $5.5 billion tied to exporting H20 graphics processing units to China and other destinations. The stock slid in extended trading.
Nvidia said on Tuesday its first-quarter results are expected to include up to about $5.5 billion in charges associated with its H20 products, sending its shares down 3.6% in extended trading.
Shares of NVIDIA Corp. (NASDAQ: NVDA) climbed 1.51% during a.m.
Nvidia investors took a steep dive recently, as it got engulfed in the recent tariffs turbulence. President Trump's temporary tariff reprieve offers Nvidia welcomed relief, though permanent resolution is uncertain. Yet, NVDA has recovered remarkably. Nvidia's AI growth thesis could be affected by a slowdown in hyperscaler spending, but the market has also reflected pessimism in its valuation.
The ongoing market madness has impacted several top stocks and the Magnificent Seven isn't spared either.
Nvidia Corporation faces significant trade uncertainties due to fluctuating tariffs and the impending AI Diffusion Rule, impacting its semiconductor exports and overall growth outlook. Despite these challenges, NVDA stock's valuation remains attractive, with projected FY26 revenue growth of 56% and EPS growth of 51%, trading at a forward P/E of 24.5x. The next 30 days are crucial for Nvidia to negotiate with the U.S. administration to potentially amend the AI Diffusion IFR and mitigate trade impacts.
In 2025, Nvidia (NASDAQ: NVDA) stopped appearing like a safe investment as macroeconomic headwinds exacerbated the concerns over the semiconductor giant's massive valuation.
The recent market turmoil can make any investor nervous. Volatility can be scary as you see the value of your portfolio slump along with the market.
"Buckle up and hold on" has been something of a theme for Wall Street over the last two weeks. Ever since President Donald Trump unveiled his "Liberation Day" tariffs, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite have logged some of their largest single-session point gains and declines since their respective inceptions.