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Stock impact report

Nvidia says it follows export laws 'to the letter' a day after AI chip sales to China stopped [MSNBC.com]

NVIDIA Corporation (NVDA) 
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Company Research Source: MSNBC.com
In this articleJensen Huang, co-founder and chief executive officer of Nvidia Corp., during the opening ceremony of the Siliconware Precision Industries Co. (SPIL) Tan Ke Plant in Taichung, Taiwan, on Thursday, Jan. 16, 2025.An Rong Xu | Bloomberg | Getty ImagesA day after Nvidia revealed it wouldincur $5.5 billion in costs"The U.S. government instructs American businesses on what they can sell and where — we follow the government's directions to the letter," an Nvidia representative said in a statement.Nvidia said the statement was inresponseopened an investigation into Nvidia's sales on WednesdayNvidia's brief comment is an indication of how the company is going to defend its business in Washington, D.C., as its technology draws increased scrutiny related to national defense and security. The company's stock price tumbled almost 7% on Wednesday.Nvidia's chips have the vast majority of the market for applications, and some were used by China's DeepSeek to build R1, which upended mar Show less Read more
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