Nvidia (NASDAQ: NVDA) announced a $5.5 billion hit to first-quarter results from restrictions on the company’s chip sales to China. But the story is bigger than that. If China becomes self-reliant for AI chips, it could hurt Nvidia’s position in the industry.
*Stock prices used were end-of-day prices of April 16, 2025. The video was published on April 17, 2025.