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Nvidia Stock Investors Just Got Bad News From China -- It Could Cost the Chipmaker $56 Billion

The Chinese government has directed domestic technology companies not to buy Nvidia chips, but rather to use homegrown technology.Nvidia (NVDA 0.24%) is arguably the most important company in the world because its graphics processing units (GPUs) have become the gold standard in artificial intelligence (AI) infrastructure. Indeed, Forrester Research analysts recently commented, "Without Nvidia's GPUs, modern AI wouldn't be possible."However, President Donald Trump has dragged Nvidia into his trade war with ...