Nvidia & Broadcom stocks dragged by China's tech bans: Reports
Market Intelligence Analysis
AI-PoweredNvidia and Broadcom stocks are experiencing a decline due to China's tech bans, with Nvidia's H200 chips being restricted from sale and Broadcom's US cybersecurity software being banned for use by Chinese companies.
Market impact analysis based on bearish sentiment with 90% confidence.
Article Context
Yahoo Finance anchor Josh Lipton tracks Wednesday's top moving stocks and biggest market stories in this Market Minute. Nvidia (NVDA) stock is under pressure after Reuters reported that China is not allowing the sale of its H200 chips. There are also reports that China is banning Chinese companies from using US cybersecurity software, sending Broadcom (AVGO) stock lower. Meanwhile, AppLovin (APP) is the worst performer in the S&P 500 (^GSPC) so far in Wednesday's trading session. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
Analysis and insights provided by AnalystMarkets AI.