
NVDA: Nvidia Stock Tumbles -- CEO Confirms No China Blackwell Chip Talks

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Nvidia's stock fell about 4% on Friday, continuing a rough week with a total decline of over 7%. Investor concerns about the company's exposure to China and AI spending sustainability are rising. CEO Jensen Huang confirmed no discussions on selling Blackwell AI chips to China, anticipating a potential quarterly sales shortfall of $2 billion to $5 billion. Despite recent declines, Nvidia maintains a 40% gain for the year, with analysts remaining optimistic about AI's long-term potential.
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