US EditionNvidia’s China sales face threat from Beijing’s environmental curbs
- Nvidia's shares fell by around 6% after concerns over new environmental rules in China impacting its chip business, with the stock trading at approximately $113.48 at 3:20 p.m. New York Time.
- China's National Development and Reform Commission has mandated firms to utilize energy-efficient chips, affecting Nvidia's H20 chip.
- Nvidia seeks a meeting with Zheng Shanjie and is reportedly adjusting the H20 chip to comply with the new standards.
- Nvidia's revenue from China and Hong Kong ranks as its fourth-largest market, constituting about 13% of its annual earnings, reflecting the significance of regulatory changes in these regions for the company's prospects.
27 Articles
27 Articles
A Nvidia chip shortage is coming, warns major Chinese server maker
One of China’s largest server makers, H3C, has flagged potential shortages of Nvidia’s H20 chip, the most advanced AI processor legally available domestically under U.S. export controls, in a client notice seen by Reuters. The potential supply crunch could create obstacles for China’s artificial intelligence ambitions at a time when its tech firms are aggressively expanding their investments in AI. “H20’s international supply chain faces signifi…
Jim Cramer Calls China's Nvidia Restrictions 'Pathetic,' Says Jensen Huang Can Handle The Pressure - Alibaba Gr Hldgs (NYSE:BABA), Advanced Micro Devices (NASDAQ:AMD)
Jim Cramer has criticized potential restrictions on Nvidia Corp. in China, dismissing reports of regulatory challenges as "pathetic."
Nvidia's China Sales Face New Threat: Beijing's Energy-Use Rules
Nvidia stock fell on news that its AI processor for the Chinese market fails to meet new rules there for energy efficiency. The post Nvidia's China Sales Face New Threat: Beijing's Energy-Use Rules appeared first on Investor's Business Daily.
Nvidia Stock Drops Over 5%
Nvidia (NVDA) saw its stock fall by more than 5% on Wednesday, following a report that Chinese environmental regulations could impact the tech giant’s sales in China. The decline came as part of a broader sell-off in tech stocks, driven by growing concerns over an escalating trade war between the US and China. According to the Financial Times, Chinese regulators are pushing for companies to use data center chips that comply with stringent enviro…
Business Insider
The New York LedgerNvidia stock tumbles on a report the chip titan could face tighter regulation in China
Getty Images; Chelsea Jia Feng/BINvidia stock fell close to 5% on Wednesday morning.The Financial Times reported that China was raising restrictions on chips.This could damage Nvidia's business. China makes up 13% of total annual sales, the FT said.The move: Nvidia sank 4.54% Wednesday morning, dropping to $115 per share by 10:35 a.m. ET. The flagship semiconductor firm is down 14.24% this year.Why: A report from the Financial Times says the chi…
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