Nvidia falls as reports say it ordered suppliers to halt H20 chip production

Amkor Technology

22/08/2025 10:47

** Shares of Nvidia NVDA.O drop 1.1% premarket after reports say it ordered suppliers to halt H20 chip production

** CEO Jensen Huang is visiting chip foundry partner TSMC 2330.TW in Taiwan while navigating friction between China and the U.S. over access to its industry-leading AI chips

** Two people told Reuters that Foxconn 2317.TW was asked by NVDA to stop work related to the H20 chip

** The Information reported earlier this week that Amkor Technology AMKR.O and Samsung Electronics < 005930.KS> were also instructed to stop production on the chips

** U.S. President Donald Trump earlier this month opened the possibility of advanced chips beyond H20 being sold in China

** The AI chip giant is set to report quarterly results after markets close on August 27

** As of last close, NVDA up 30.3% YTD vs the Philadelphia SE Semiconductor index's .SOX rise of 12.5%

 (Reporting by Twesha Dikshit)

 ((Twesha.Dikshit@thomsonreuters.com))