Why did nvidia stock drop

The stock price of NVDA decreased from July 17 to July 21. Nvidia's stock drop can be attributed to **supply chain constraints** and **political concerns**.

1. **Supply Chain Constraints**: Nvidia faces challenges in restarting H20 AI chip sales due to limited supply and production constraints. The company has informed Chinese customers that H20 chip supplies are limited and production is not expected to resume immediately. This has led to a scramble among Chinese AI firms for access to the H20 chips, but with Nvidia indicating that restocking supply could take up to nine months if production is restarted.
2. **Political Concerns**: There are concerns about potential policy reversals regarding Nvidia's chip sales to China. A Republican representative, John Moolenaar, has raised concerns about Nvidia resuming sales of H20 chips to China. These issues could lead to uncertainty in Nvidia's China market and affect investor confidence.

In summary, the drop in Nvidia's stock price is likely a result of a combination of supply chain constraints and political concerns.

|code|Ticker|Name|Date|Percentage Change|market_code|
|---|---|---|---|---|---|
|NVDA|NVDA.O|Nvidia|20250718|-0.341|185|
|NVDA|NVDA.O|Nvidia|20250721|-0.5974|185|