Nvidia stock continued its slide on Thursday, bringing market cap losses since it disclosed new export controls to nearly $270 billion.

AI chip giant Nvidia warned that it will take a financial hit from new requirements around its H20 chips, which are aimed at the Chinese market. Shares in Nvidia Corporation and other chip technology companies are down in premarket trading this morning after Nvidia confirmed that it would take a significant financial hit to cover costs associated with a newly required export license so it can ship some of its latest chips outside of the

Key Takeaways Semiconductor stocks sank Wednesday after Nvidia and AMD warned they would take a hit after the Trump administration moved to curb the chipmakers’ exports to China. Nvidia's H20, AMD's MI308,

Separate warnings by the chipmaking giant and the chairman of the Federal Reserve about the impact of White House policies contributed to another sell-off on Wall Street.

Over the last trading session, markets reacted negatively to the news that Nvidia would need a new license to export H20 chips — originally engineered to skirt