Nvidia shares dip after U.S. announces new curbs on AI chip exports to China. How to play the stock

by | Oct 17, 2023 | Financial

Market Movers rounded up the latest reactions on Nvidia from investors and analysts after the U.S. Department of Commerce said Tuesday that it plans to restrict the export of some artificial intelligence chips to China , including Nvidia’s H800 chips . Additionally, the announcement led to several other semiconductor stocks slipping. Those names include Broadcom , Marvell Technology , Advanced Micro Devices and Intel . Nvidia closed the trading session down 4.7% and is currently held in Jim Cramer’s Charitable Trust portfolio.

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