NVIDIA Blackwell GPUs are sold out for the next 12 months due to skyrocketing demand. Discover what this means for consumers and the market.

Nvidia Corp.’s shares are roaring back after the company successfully calmed investor concerns about product delays and its long-term growth prospects.

Key Takeaways Nvidia's stock fell nearly 5% Tuesday after hitting a record closing high the previous session.Tuesday's downturn came as Bloomberg reported that the Biden Administration is mulling AI chip export curbs to some Middle Eastern countries,

The Biden administration has privately discussed capping sales of advanced AI chips from Nvidia and AMD to certain Persian Gulf countries in the interest

U.S. officials have discussed limiting sales of advanced AI chips from Nvidia and other American companies on a country-specific basis, Bloomberg News reported on Monday, citing people familiar with the matter.

Officials are reportedly in the early stages of discussions about restricting the export of high-performance AI processors from companies like Nvidia and AMD to Middle Eastern nations.