Your email has been successfully added to our mailing list.

×
7.68698593280875E-05 0.00161426704589137 -0.0035360135290953 -0.00576523944961181 -0.00407410254439235 -0.0132984856637712 -0.0269813206241832 -0.0035360135290953
Stock impact report

Markets sink after Nvidia announces $5.5 billion charge to comply with new Trump rule [Yahoo! Finance]

Lam Research Corporation (LRCX) 
Last lam research corporation earnings: 4/22 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lamresearch.com
Company Research Source: Yahoo! Finance
Shares of Nvidia fell 6%, causing the tech-heavy Nasdaq fell as much as 2%. The S&P 500 declined as much 1.1%. The Dow Jones Industrial Average fell as much as 0.5% or about 200 points. Major companies typically record charges for one-time expenses or an expected reduction in earnings. The charge announced by Nvidia relates to a new Trump rule that applies to its H20 chips. Those chips were designed specifically to comply with Biden-era regulations for selling tech products to China. CNBC reported the H20 line generated an estimated $12 billion to $15 billion in revenue in 2024. In a filing late Tuesday, Nvidia said Trump officials are now requiring a new export license for the H20s to address "the risk that [the chips] may be used in, or diverted to, a supercomputer in China." Nvidia said the administration officials indicating the rule would be in effect “for the indefinite future." Nvidia, now worth nearly $3 trillion thanks to widespread adoption of its chips by firms looki Show less Read more
Impact Snapshot
Event Time:
LRCX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for LRCX alerts
Opt-in for
LRCX alerts

from News Quantified
Opt-in for
LRCX alerts

from News Quantified