Yellen-He meeting readout: US seeks healthy economic relationship with China

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NVDA weakens as Washington seeks to limit Chinese access to AI chips

Share: Nvidia stock sells off at the beginning of Friday’s session. President Joe Biden’s administration intends to bar foreign units of Chinese companies from accessing Nvidia’s H100 and A100 GPUs. NVDA stock has been rising for more than three weeks now. Chinese companies have been remotely accessing AI chip technology, according to Reuters.