Commerce Dept's Lutnick, Kessler under fire over inaction on Nvidia's Megaspeed ‘spy' fiasco

Impact · against what's priced in

The news is marginally negative as it confirms that the Commerce Department is moving to close the Southeast Asian loopholes Nvidia previously leveraged. While the CEO's resignation is a major event, the specific regulatory risk of expanded export controls to seven Southeast Asian countries directly threatens the revenue growth targets the market is currently paying for.

NVDA−0.30

Challenges what's priced in

The price assumes