NVDA is trading 3.1% down at $228.45 as China reportedly declined to approve H200 chip purchases amid broader tech sector weakness.
- The decline reverses a significant portion of the 4.39% gain from May 14, which was driven by optimism regarding potential H200 sales to Chinese firms.
- Broader market pressure is contributing to the pullback, with Nasdaq futures trading notably lower following a sharp reversal from recent gains.