Core Insights - Nvidia received a boost from President Trump's endorsement of its AI supercomputer plans but faced a significant decline due to new restrictions on chip exports to China [1][2] - The new restrictions are expected to result in a 106.42 after a regular trading increase of 1.35% [2] Market Impact - The semiconductor sector is experiencing volatility, with Nvidia's stock down 18.88% year-to-date despite being 18.97% above its recent lows [3] - Other semiconductor companies, such as Advanced Micro Devices (AMD) and ASML, are also facing declines due to similar export restrictions, with AMD down 6.31% and ASML down 4.37% [4][5] - The ongoing tariff situation is contributing to a bearish sentiment in the semiconductor market [3][4] Future Outlook - April 16, 2025, may present opportunities for Nvidia to recover, contingent on negotiations between the U.S. and China [6] - The relationship between the U.S. and China remains complex, with advanced semiconductors being strategic goods subject to export limits [6]
How Trump crashed Nvidia stock