Nvidia’s quarterly results were well-received by analysts, but concerns about China sales linger. Chip stocks slid on Friday, impacting major U.S. indexes. Nvidia and Marvell Technology saw significant declines. Trump administration eliminates chipmaking loophole for Samsung and SK Hynix in China, affecting supply chains. Alibaba’s cloud unit develops advanced chip, boosting shares. August strong for chipmakers, driven by optimism about AI growth.

Read more at Yahoo Finance: Nvidia, Broadcom Lead Chip Stocks Lower Amid China Concerns to End a Strong Month