The US is limiting the sale of Nvidia's best AI data center chips to China & Russia

The stock price dropped after hours.

The background is:

• the chip maker said in a filing the U.S. government has informed the company it has imposed a new licensing requirement, effective immediately, covering any exports of Nvidia’s A100 and upcoming H100 products to China, including Hong Kong, and Russia.
  
  Nvidia’s A100 are used in data centers for artificial intelligence, data analytics Analytics Analytics are defined as the detection, analysis, and relay of consequential patterns in data. In particular, analytics also seek to explain or accurately reflect the relationship between data and effective decision making. In the example of the retail trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. Why Use Analytics?Predictive models of analytics involve the analysis of historical price patterns that are used in an attempt to dete Analytics are defined as the detection, analysis, and relay of consequential patterns in data. In particular, analytics also seek to explain or accurately reflect the relationship between data and effective decision making. In the example of the retail trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. Why Use Analytics?Predictive models of analytics involve the analysis of historical price patterns that are used in an attempt to dete Read this Term and high-performance computing applications
  
  The government “indicated that the new license requirement will address the risk that the covered products may be used in, or diverted to, a ‘military end use’ or ‘military end user’ in China and Russia,” the filing said.

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As I post NASDAQ futures are down around 0.8%