Nvidia Stock Gains. It Faces This Headache Alongside AI Chip Export Restrictions.

“Nvidia…have sized ‘Sovereign AI’ as a low-double-digit billion-dollar revenue effort this year. Some portion of that total likely includes sales to “Tier 2” countries, which could face new restrictions if the new rules are enacted and enforced,” said John Belton, portfolio manager at Gabelli Funds.

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