Nvidia Faces Backlash Over AI Chip Export to China.
Nvidia's stock plummeted 8.8% on Monday as reports emerged that its AI chips were reaching China despite export controls, raising concerns about the tech giant's ability to enforce its own regulations. The company's latest Blackwell chips are allegedly being sold through third-party resellers in nearby regions, violating US export restrictions. Nvidia's stock has fallen nearly 12% over the past five days, with shares trading at levels just over their 2025 low.
- The ease with which China is able to circumvent export controls on sensitive technologies highlights the need for more robust and effective regulations in the global tech industry.
- How will the ongoing diplomatic tensions between the US and China affect Nvidia's long-term business prospects and strategic partnerships?