Nvidia (NVDA) shares are taking another hit today as last week’s losses spill over. This is due to concerns about artificial intelligence

What Happened? Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) fell 7.9% in the afternoon session after market volatility continued, with the stock seemingly affected by the broader downturn as the Nasdaq declined 1.

Rheos Capital Works Inc. lifted its stake in NVIDIA Co. (NASDAQ:NVDA – Free Report) by 14.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 365,500 shares of the computer hardware maker’s stock after purchasing an additional 45,

A report from "The Wall Street Journal" revealed that despite restrictions, the latest Nvidia chips are entering China. Amidst rising trade tensions, this may lead the Trump administration to impose additional controls or tariffs.

Nvidia faces continued concerns about potential restrictions on exports of its AI hardware amid reports that advanced chips are reaching China despite U.S. sanctions.