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Benzinga
Benzinga
Business
Rishabh Mishra

Jim Cramer Warns Nvidia's Last Wave Of 'Scared And Hot Money' Could Exit As China Moves To Ban Chip Purchases For Major Tech Firms

Nvidia,Logo,On,Smartphone,Screen,With,Chinese,Flag,In,The

CNBC’s ‘Mad Money’ host Jim Cramer has warned that speculative investors may be on the verge of abandoning Nvidia Corp. (NASDAQ:NVDA) as the stock fell nearly 1.5% in Wednesday's pre-market trading following reports that China has officially banned its major technology firms from purchasing certain Nvidia artificial intelligence (AI) chips.

NVDA is falling in pre-market, check it out here.

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