Nvidia stock falls as China reportedly restricts imports of H200 chips

Nvidia (NVDA) stock sank roughly 2% in early trading Wednesday after Reuters reported that Chinese authorities have instructed customs agents to ban the entrance of the tech giant's H200 AI chips into the country. The drop in share price outpaced the tech-heavy Nasdaq Composite's (^IXIC) 1% decline as stocks slid across the board. The US formally approved H200 exports to China with some conditions on Tuesday. Citing people briefed on the matter, Reuters also reported that Chinese government officials i ...