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Democrats warn Trump green-lighting Nvidia AI chip sales could boost China's military edge [FOX News]

NVIDIA Corporation (NVDA)  More Company Research Source: FOX News
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Congressional Democrats are voicing alarm at the fact that the U.S. might soon begin selling cutting-edge chips to one of its greatest geopolitical adversaries. Rep. Gregory Meeks, D-N.Y., joined by Sen. Elizabeth Warren, D-Mass., wrote a letter to Under Secretary for Industry and Security Jeffrey Kessler on Monday, demanding answers as to why the Trump administration had green-lit the sale of the H200 Chip to China. "The President directing you to approve licenses of the H200 falls within a deeply concerning pattern that undercuts our nation's security," the pair of Democrats wrote. Meeks said the basis of his request is found in the Export Control Reform Act (ECRA), the 2018 law governing the federal government authority over technology-related exports. The ECRA states that the Department of Commerce must supply Congress with answers to concerns raised by the ranking member of the foreign affairs and armed services committees. "In ECRA, Congress stated the policy of the Uni [Read more]
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Stockreport

Democrats warn Trump green-lighting Nvidia AI chip sales could boost China's military edge [FOX News]

NVIDIA Corporation  (NVDA) 
More Company Research Source: FOX News
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Congressional Democrats are voicing alarm at the fact that the U.S. might soon begin selling cutting-edge chips to one of its greatest geopolitical adversaries. Rep. Gregory Meeks, D-N.Y., joined by Sen. Elizabeth Warren, D-Mass., wrote a letter to Under Secretary for Industry and Security Jeffrey Kessler on Monday, demanding answers as to why the Trump administration had green-lit the sale of the H200 Chip to China. "The President directing you to approve licenses of the H200 falls within a deeply concerning pattern that undercuts our nation's security," the pair of Democrats wrote. Meeks said the basis of his request is found in the Export Control Reform Act (ECRA), the 2018 law governing the federal government authority over technology-related exports. The ECRA states that the Department of Commerce must supply Congress with answers to concerns raised by the ranking member of the foreign affairs and armed services committees. "In ECRA, Congress stated the policy of the Uni [Read more]
IMPACT SNAPSHOT
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NVDA
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Price Change %
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%
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Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
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PRICE CHANGE PERCENTAGE
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%
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%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
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PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS