Why NVIDIA’s Stock is Down Over 2% Today

Nvidia stock dropped over 2% due to new reports from China indicating that sales of its H200 AI chips to Chinese customers may not resume. Chinese customs authorities reportedly instructed agents that the H200 chips are not permitted to enter the country. The H200 chip, which is second only to the A100 in terms of power, has become a geopolitical flashpoint between the US and China.