MaisonHarkonnen @MaisonHarkonnen: "$NVDA is facing a..."

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$NVDA (NVIDIA Corporation) is facing a one-time charge of $5.5 billion due to new U.S. restrictions on the export of its H20 chip to China. Originally designed to comply with previous limitations, the H20 chip is now subject to a mandatory export license, effective since April 14. This measure, driven by concerns over its potential use in Chinese supercomputers, also impacts $AMD (Advanced Micro Devices Inc) . In response, Nvidia’s stock dropped more than 6% in after-hours trading. This decision could strengthen the position of local competitors like Huawei in the Chinese AI market. Still expecting a lot of volatility in the coming days — we have cash on hand to take action if quality tech stocks see attractive pullbacks. 💪 $SPX500 (SPX500 Index (Non Expiry)) $NSDQ100 (NASDAQ100 Index (Non Expiry)) $00981.HK (Semiconductor Manufacturing International Corporation)