From Yahoo Finance: 2025-04-17 12:04:00

Nvidia stock dropped 4% after US banned chip exports to China, causing a $5.5 billion hit in Q1. Market cap now under $2.5 trillion, down $250 billion. Analysts predict 8%-10% revenue loss, up to $16 billion. Trump’s chip trade curbs surprised Wall Street after rumors of a relaxed stance. Nvidia CEO visits Beijing amid $500 billion US AI infrastructure plan. Trump considers tariffs on semiconductors. Other chip stocks like AMD, Broadcom, Micron, and Intel also fell despite TSMC reporting profits.



Read more at Yahoo Finance: Nvidia stock falls again, market cap losses top $250 billion after Trump administration’s new export controls