HNHPF - What's Going On With Nvidia Stock Monday? | Benzinga
Nvidia Corp (NASDAQ: NVDA) stock is trading higher Monday amid reports of the U.S. planning to prevent American chipmakers from selling semiconductors to China that bypass government restrictions.
The new restrictions will apply to the preexisting U.S. restrictions on shipments of advanced chips and chipmaking equipment to China, Reuters cites familiar sources.
The U.S. plans to block some AI chips that fall just under current technical parameters while demanding companies report shipments of others.
The efforts specially focused on Nvidia, which promptly released new variants, including ...