Jensen Huang In China For Talks As US Tightens Nvidia Chip Restrictions: Report - Alibaba Gr Hldgs (NYSE:BABA), NVIDIA (NASDAQ:NVDA)
1. NVIDIA's CEO visits China amid U.S. chip sale restrictions. 2. Discussions with Chinese leaders focus on U.S. sales bans. 3. NVIDIA expects $5.5 billion earnings reduction from restrictions. 4. Analysts suggest current stock drop is a buying opportunity. 5. Stock fell 6.9% following the announcement of restrictions.