HomeMarketsInternational MarketsU.S Restricts Nvidia (NVDA) Exports to China, Russia
U.S Restricts Nvidia (NVDA) Exports to China, Russia

Nvidia (NVDA) stock price fell to 52-week lows on the new chips export restriction to China and Russia, which would have been used for artificial intelligence. Other semiconductor stocks impacted were AMD Inc. (AMD), Lam Research (LRCX), Micron (MU), and Western Digital (WDC). Piper Sandler cut the Nvidia (NVDA) stock price target to $200 from $235. Ben Lichtenstein and Jenny Horne weigh in on Nvidia (NVDA) A100 and H100 chips being affected by the new export restriction.

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