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Nvidia stock falls 5% as the U.S. eyes AI chip export limits

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Nvidia shares (NVDA) fell more than 5% on Tuesday, a day after closing at a record high.

The chipmaker’s stock fell less than 1% in premarket trading, but was down about 5% by midday. The decline occurred after a report that The United States may put an end to sales of advanced artificial intelligence chips From chip makers in the United States to specific countries. Biden administration officials in recent weeks have discussed capping export licenses for advanced AI chips, including those from rival Nvidia and AMD (AMD), to countries in the Middle East, citing national security concerns, Bloomberg I mentioned.

Earlier this year, US officials began… Slowdown in issuing licenses To Nvidia, AMD and other US chipmakers to ship large-scale AI accelerators to the Middle East, Bloomberg I mentioned.

Meanwhile, del(Dale) Plan shipping Computer servers equipped with Nvidia’s Blackwell AI chips Arthur Lewis, head of Dell’s infrastructure unit, told Bloomberg that the company will select customers starting next month, with general availability scheduled for the beginning of next year.

Dell’s rollout showcases long-awaited Nvidia production Blackwell chips is on track after reports of delays earlier this year.

Nvidia shares have There was some unrest In recent months. In August, The chip maker’s shares fell About 13% in pre-market trading after a report that its Blackwell chips had been delayed due to design flaws.

However, Nvidia shares are up about 173% so far this year, and it remains the second-largest public company by value after Apple (Apple). The company’s shares rose 2.4% and closed at a record high of $138.07 on Monday, beating its record price. Previous record close at $135.58 On June 18 – a week after the start of the campaign 10-for-1 stock split.

Through Nvidia Second quarter earnings In August, CEO Jensen Huang said the company shipped samples of Blackwell chips to customers during the period, and that Blackwell production would increase in the fourth quarter of fiscal 2026.

To “improve production throughput,” Nvidia has made a change to Blackwell’s GPU mask, the chipmaker said. However, Huang said in a call with analysts: “There were no functional changes necessary.”

Earlier this month, Nvidia shares rose after CEO Jensen Huang said demand for Blackwell was “insane.”

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