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Anushka Dutta

1 Stock to Dump This Week if You Haven’t Already

NVDA China NVIDIA Corporation

Popular chipmaker NVIDIA Corporation (NVDA) received restrictions on exports of two of its top chips to China. However, Chief Executive Jensen Huang still expects a large market for its data center chips in China. But the export regulation of its A100 and H100 chips could affect up to $400 million in sales in its current fiscal quarter.

Moreover, famed investor Jim Cramer, who had been a strong proponent of NVDA for a long time, has recently turned bearish on the company’s stock following its Ethereum venture.

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