Nvidia falls on tougher AI chip export rules. Jim Cramer calls them ‘absurd’

Nvidia falls on tougher AI chip export rules. Jim Cramer calls them ‘absurd’
Nvidia falls on tougher AI chip export rules. Jim Cramer calls them ‘absurd’

Nvidia Corp. signage outside the company’s headquarters in Santa Clara, California, on Nov. 19, 2024.

David Paul Morris | Bloomberg | Getty Images

On the way out the door, the Biden administration on Monday issued its widest-ranging rules yet on artificial intelligence chip exports, sending shares of Nvidia lower.

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