Nvidia Shares Decline Amid U.S.-China Chip Trade Restrictions
Nvidia's stock fell 1.1% on Friday, capping a week where losses exceeded 7% across five trading sessions. The decline follows regulatory pressures from both Washington and Beijing, creating headwinds for the AI chip giant.
The WHITE House blocked Nvidia's B30A AI chip sales to China, while Beijing mandated state-funded data centers to use domestic chips. CEO Jensen Huang confirmed no active negotiations for Blackwell chip sales in China, further dampening sentiment.
Despite the recent pullback, Nvidia shares remain up 40% year-to-date. However, questions about AI infrastructure financing—amplified by OpenAI's spending plans—add near-term uncertainty to the sector.