Nvidia's struggle in China impacts its stock value; Live Nation and V.F. Corp. suffer losses on Thursday

Nvidia, a company that makes computer chips, had to lower the price of its H20 chip in China because of rules from the US government. These rules made it hard for Nvidia to sell its best chips in China. The H20 chip is one of Nvidia's most advanced chips made for the Chinese market. To compete with Chinese chipmakers, Nvidia had to sell the H20 chip at a lower price. This chip is used for artificial intelligence (AI) technology. The US government restrictions forced Nvidia to sell the H20 chip in China at a lower price. This chip was created to meet the demand in China after the US government banned Nvidia from selling its top chips there. Nvidia designed three AI chips for the Chinese market, including the H20 chip. However, it has been challenging for Nvidia to do well in China because of these restrictions. Some distributors in China mentioned that the demand for the H20 chip was not very high. They said this was because the chip's performance compared to its cost was not very good. Also, there are other Chinese chips available that people prefer. Nvidia is trying to keep its place in the Chinese market while dealing with tensions between the US and China. In the stock market, Nvidia's stock price went up because the company's revenue increased a lot in the last quarter. This was because there was a high demand for Nvidia's chips used in AI technology. On the other hand, Live Nation Entertainment's stock price went down because the Justice Department accused its parent company, Ticketmaster, of having a monopoly on live events. Other companies like VF Corp., News Corp., Prologis Inc., Synopsys Inc., LiveRamp Holdings Inc., and e.l.f. Beauty Inc. also had changes in their stock prices based on their financial results.