Buying stocks when overall markets are falling can seem dangerous and counterintuitive. However, if you're investing in stocks for the long term, the benefits are extremely rewarding.
Nvidia faces new export license rules for selling chips to China and other countries. The Trump administration's decision could impact Nvidia's revenue.
Shares in Nvidia Corporation and other chip technology companies are down in premarket trading this morning after Nvidia confirmed that it would take a significant financial hit to cover costs associated with a newly required export license so it can ship some of its latest chips outside of the United States. Here's what you need to know about the new requirement and its effect on tech stocks.
California Gov. Gavin Newsom on Wednesday decried what he called profound uncertainty around President Donald Trump's trade policy, highlighting a multibillion-dollar charge chip-giant Nvidia plans to take in response to a U.S. export rule.
Nvidia (NVDA -10.01%) stock is falling fast amid multiple bearish catalysts in Wednesday's trading. The company's share price was down 9.7% as of 3:15 p.m.
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