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Nvidia Stock Price Falls 4%: Why Huawei, China Risk and a Nasdaq Correction Matter Now
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Nvidia Stock Price Falls 4%: Why Huawei, China Risk and a Nasdaq Correction Matter Now
Nvidia shares fell 4.16% to $171.24 on Thursday, cutting its market value to $4.53 trillion. Huawei’s new 950PR chip, set for mass production next month, has drawn orders from ByteDance and Alibaba. U.S. senators urged a pause on Nvidia exports to China after universities linked to the PLA bought restricted chips. The Nasdaq closed 10.7% below its October peak, confirming a correction. The post Nvidia Stock Price Falls 4%: Why Huawei, China Risk…
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