• February 3, 2025 8:43 AM

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Nvidia Stock Drops 4% As Trump Reportedly Targets China Exports

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ByCyber AI

Feb 3, 2025

Nvidia’s stock ended Wednesday down 4% with a day’s market value erosion of about $130 billion, evoking memories of its ‘rollercoaster’ market value. Wall Street analysts largely consider this an overreaction, while Bank of America analysts even view it as an ‘enhanced buy opportunity,’ confident in the billions spent on AI technology over the past few decades. President Trump is contemplating more semiconductor chip sales restrictions to China to limit the country’s AI development. Despite some recovery, Nvidia’s stock is still down nearly 10% from its previous peak. Amid the AI race, Apple’s stock has surged, emerging as a ‘relative winner,’ which might suggest that Apple’s ‘conservative strategy’ is actually its winning card.

Read from: https://www.forbes.com/sites/dereksaul/2025/01/29/deepseek-panic-live-updates-nvidia-stock-drops-4-as-trump-reportedly-mulls-china-chip-sale-restrictions/

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