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Nvidia Stock Furthers Slide on US-China Trade Tiff [Yahoo! Finance]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
CEO Jensen Huang in China warned of a significant negative effect from U.S. restrictions on its chips. Previously, Nvidia said a new licensing requirement for its key H20 semiconductors could cost $5.5 billion in the first quarter. Nvidia ( NVDA ) shares headed lower for a third straight session Monday on continuing concerns the artificial intelligence (AI) chipmaker could face a major economic hit from the trade fight between the U.S. and China. CEO Jensen Huang talked about the potential impact of new Trump administration tariffs in a visit to China last week, telling China-owned CCTV , "The increased restrictions have impacted our company significantly." Huang pointed out the importance of China to Nvidia's business, and that the company "will continue to make significant efforts to optimize our products to comply with regulations and continue serving the Chinese market." According to reports , Huang met with several government officials, including Ren Hongbin, head of the
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