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

Market BriefTuesday, Apr 29, 2025 7:40 pm ET
1min read

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 computer 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.

Ask Aime: Is Nvidia's growth stalling due to China's chip restrictions?

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Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
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