Nvidia's $182.82 Billion Trading Volume Secures Second Spot Amid Export Concerns and Revenue Warnings

Generated by AI AgentAinvest Market Brief
Tuesday, Apr 29, 2025 7:40 pm ET1min read
NVDA--

On April 29, 2025, Nvidia's trading volume reached $182.82 billion, making it the second-highest in the market that day. Nvidia's stock price increased by 0.27%.

Nvidia's stock experienced a decline following a report that reviewed the export rules for AI chips. The report suggested that the company might face restrictions on exporting certain chips to China, which could impact its revenue from that market.

Nvidia's shares fell in after-hours trading following a warning from Super Micro ComputerSMCI-- Inc. about its third-quarter revenue. The warning indicated that the company's major customer, Super Micro Computer Inc., had issued a revenue guidance that was lower than expected, which could affect Nvidia's sales.

Nvidia's stock also dipped in pre-market trading due to a report that China's Huawei was testing the feasibility of using Nvidia's chips. The report suggested that Huawei was looking to create a domestic alternative to Nvidia's chips, which could reduce Nvidia's market share in China.

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