Nvidia Corp.($NVDA) Drops as U.S. Blocks AI Chip Sales to China NVIDIA CorporationBATS:NVDADEXWireNewsNvidia Corp. (Nasdaq: NVDA) shares dropped 4.18% to $180.22 on Friday after reports that Washington will block the company’s sales of scaled-down AI chips to China. The decision marks another escalation in U.S. restrictions on advanced semiconductor exports. According to The Information, the White House informed several federal agencies that Nvidia will not be allowed to sell its new B30A AI chip to Chinese firms. Nvidia had already provided samples to some customers in China before the ban was confirmed. The B30A was designed to meet U.S. export thresholds while retaining enough computing power for AI training when used in large clusters. However, U.S. officials reportedly concluded that the chip still poses national security risks. Compounding Nvidia’s challenges, Beijing has issued new guidelines restricting foreign chips in state-backed data centers. Reuters reported that China will require all new projects using government funding to rely solely on domestically developed processors. Data centers less than 30% complete must remove foreign chips, while advanced projects will face case-by-case reviews. Technical View The NVDA chart shows a recent rejection from the $212 level, with price sliding toward $180. A further decline toward $160 support is possible before a rebound, as indicated by the yellow curve. Long-term structure remains bullish, but near-term weakness persists under regulatory pressure