US export rules hit Nvidia, stock hits 5-month low | World DNA
Edited By WION Video Desk
Published: Nov 01, 2023, 03:50 IST | Updated: Nov 01, 2023, 03:50 IST
Nvidia, the AI giant, is feeling the pressure as its stock takes a nosedive. Shares of Nvidia Corp have plummeted nearly 5% to their lowest point in almost five months. The reason? Reports suggest that the company may be forced to cancel up to $5 billion worth of advanced chip orders to China due to new US government restrictions.
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