Nvidia Shares Fall on New AI Chip Export Rules. Is This a Golden Opportunity to Buy the Stock?

Nvidia (NVDA 3.40%) shares came under pressure recently after the Biden administration imposed tougher guidelines regarding the export of artificial intelligence (AI) chips. Under the new rules, most countries would be capped on the amount of advanced AI chips, such as Nvidia's graphic processing units (GPUs), they can purchase.Based on this Interim Final Rule on Artificial Intelligence Diffusion, 18 countries face no restrictions and will not be required to get a license to buy GPUs, but 24 countries are b ...