Nvidia Drops 3.71% as US Lifts AI Chip Export Restrictions

Mover TrackerThursday, Apr 10, 2025 5:10 am ET
1min read

On April 10, 2025, Nvidia's stock experienced a 3.71% drop in pre-market trading.

Nvidia's stock has been influenced by recent geopolitical developments. The company's CEO, Jensen Huang, attended a high-profile dinner at Trump's Mar-a-Lago estate, which reportedly led to a change in the White House's stance on restricting Nvidia's AI chip exports to China. The decision to lift these restrictions was reportedly influenced by Nvidia's commitment to invest in AI data centers within the United States.

Nvidia's H20 chip, specifically designed for the Chinese market, has been a significant revenue driver. The chip has been in high demand, with major Chinese tech companies placing substantial orders. The potential restriction on its export had raised concerns among investors, but the recent policy shift has alleviated some of these worries.

Additionally,

has been actively expanding its AI ecosystem. The company is reportedly in talks to acquire LeptonAI, an AI cloud service provider, for several hundred million dollars. This acquisition, if completed, would further strengthen Nvidia's position in the AI market.

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