In today's video, I discuss recent updates affecting Nvidia (NVDA -0.99%) and Advanced Micro Devices (AMD -2.28%). To learn more, check out the short video, consider subscribing, and click the special offer link below.*Stock prices used were the after-market prices of July 3, 2025. The video was published on July 5, 2025. ...

Core Viewpoint - Nvidia does not expect the U.S. to reverse its chip export restrictions to China in the near future, leading the company to exclude the Chinese market from its revenue and profit forecasts [1][2]. Group 1: Export Restrictions Impact - The Trump administration implemented licensing requirements for Nvidia's H20 chips, the most advanced AI chip available for sale to China, in April [2]. - Nvidia anticipates an $8 billion revenue impact in the second quarter due to these export restrictions [2]. Group 2: Company Outlook - CEO Jensen Huang stated that any reversal of the export controls by the Trump administration would be considered a "bonus" for the company [1].