Why Nvidia stock is in the red in pre market trading

Core Viewpoint - Nvidia shares experienced a decline of over 1% in pre-market trading following a report from the Financial Times indicating that China's internet regulator has prohibited the country's largest technology companies from purchasing Nvidia's artificial intelligence products [1] Group 1 - Nvidia's stock performance was negatively impacted by regulatory actions in China [1] - The ban specifically targets major technology companies in China, affecting their ability to acquire Nvidia's AI technology [1]