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Benzinga
Benzinga
Business
Dylan Berman

Nvidia Shares Are Slipping Wednesday: What's Going On?

Nvidia NVDA China Artificial Intelligence
Nvidia's China Challenge

NVIDIA Corporation (NASDAQ:NVDA) shares are trading lower Wednesday after China reportedly banned its leading technology companies from procuring the company’s artificial intelligence (AI) chips.

What To Know: The Cyberspace Administration of China has directed major firms, including ByteDance and Alibaba, to halt testing and orders of Nvidia's RTX Pro 6000D. The chip was designed specifically for the Chinese market but is now restricted under the new guidance.

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