NVDA Stock Dips as White House Allows Older Chip Sales to China

Nvidia traded lower after the White House confirmed the company can sell older chips to China, reopening part of a previously restricted market. The news quickly drew market attention as traders assessed how partial export approvals might affect Nvidia’s near-term outlook.

The authorization applies only to legacy products, leaving Nvidia unable to ship its most advanced AI accelerators to Chinese buyers. NVDA pulled back from its session high near $183.95 before settling around $182.50, reflecting cautious intraday sentiment. Trading showed a sharp spike followed by consolidation, with price moving closely around the 20-, 50-, 100-, and 200-period EMAs.

While China access remains strategically valuable, the limited scope of the approval highlighted ongoing geopolitical constraints. The technical setup shows NVDA testing nearby support after an early rally, with RSI hovering in neutral-to-soft territory. Sentiment appeared mixed as traders weighed modest commercial benefits against the continued ban on selling high-performance AI chips to one of Nvidia’s largest markets.

This matters because Nvidia sits at the center of global AI hardware demand, and any shift in U.S.–China export policy directly shapes revenue expectations and semiconductor market sentiment. Selling older chips provides partial relief, but the narrow scope reinforces the competitive and regulatory pressures still weighing on the sector.

source: DustyBC Crypto