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Nvidia (NVDA) stock slid 4% Wednesday after Bloomberg reported that Trump administration officials are "exploring additional curbs" on Nvidia's chip sales to China.
Bloomberg's report added that the talks are in the "very early stages." The new restrictions would likely cover Nvidia's H20 chips, which is a scaled-down product the chipmaker offers to meet existing US restrictions on shipments to China.
Nvidia said in a statement the company is "ready to work with the Administration as it pursue...
>>> Read more: Nvidia falls 4% after report of potential additional curbs on China sales
Bloomberg's report added that the talks are in the "very early stages." The new restrictions would likely cover Nvidia's H20 chips, which is a scaled-down product the chipmaker offers to meet existing US restrictions on shipments to China.
Nvidia said in a statement the company is "ready to work with the Administration as it pursue...
>>> Read more: Nvidia falls 4% after report of potential additional curbs on China sales
