Lawmakers urge Trump to consider new curbs on Nvidia chips used by China's Deepseek
1. Congress urges export restrictions on Nvidia AI chips for national security. 2. Concerns raised about deepening Chinese reliance on Nvidia technology.
FAQ
Why Bearish?
Export restrictions could decrease Nvidia's revenue potential and market access, similar to past actions against Huawei.
How important is it?
Potential regulations on Nvidia's key market segment can significantly impact its business prospects.
Why Short Term?
If enacted, immediate effects on Nvidia's stock price and operations are likely, mirroring previous trade restrictions.