Nvidia Plummets In Premarket—Projects $5.5 Billion Blow From New Restrictions On AI Chip Exports To China

Get Forbes Breaking News Text Alerts: We're launching text message alerts so you'll always know the biggest stories shaping the day's headlines. Text "Alerts" to (201) 335-0739 or sign up here. Topline Nvidia's shares fell sharply in premarket trading early on Wednesday, after the company disclosed that the Trump administration has moved to restrict the company from selling its H20 AI chips to China, just weeks after the chipmaker's billionaire founder and CEO attended a fundraising dinner at President Dona ...