The potential expansion of U.S. restrictions on Nvidia's chip sales to China has stirred investor concerns, impacting the company's stock performance. The Trump administration's discussions about extending curbs to include Nvidia's H20 chips, which are crucial for AI development in China, have raised questions about Nvidia's future growth in this key market. This uncertainty has led to a decline in Nvidia's stock, as investors weigh the implications of these potential regulatory changes on the company's business strategy and market presence in China.
The ETF Opportunities Trust T-Rex 2X Inverse NVIDIA Daily Target ETF (NVDQ) responded to these developments by closing at $3.36, marking an 8.04% increase from the previous day's close of $3.11. As of 5:00 PM on Wednesday, January 29, the ETF's price was $3.24, reflecting a 4.18% rise from the prior close.