Tag: Nvidia’s H20
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Crypto Slips as Nvidia’s $5.5B Blow Sparks Market Jitters
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A sharp decline in Nvidia shares sent shockwaves through global markets late Tuesday, dragging down both equities and cryptocurrencies. A fresh $5.5 billion write-down—linked to a U.S. ban on Nvidia’s H20 chip sales to China—has sparked renewed fears over trade tensions and recession risks, souring investor sentiment across risk assets. Bitcoin Drops After Hitting Two-Week…