U.S. tech stocks tumbled after the Trump administration blacklisted Chinese AI firm DeepSeek from accessing American technology. Nvidia

Asia-Pacific markets fell this morning after the U.S. barred Nvidia from shipping its H20 AI chip to China, intensifying the trade war between Washington and Beijing. Semiconductor companies declined more broadly on Trump's tightened export controls on Nvidia.

Analysts are debating whether Nvidia can still manage sequential growth this year as political developments pressure revenue.

The U.S. government is investigating if American semiconductor giant Nvidia (NVDA) may have helped China’s DeepSeek AI in creating powerful

President Donald Trump’s administration has barred Nvidia Corp. from selling its H20 chip in China, an escalation of Washington’s tech battle with Beijing that will cost the company billions of dollars and hamstring a product line it explicitly designed to comply with previous US curbs.