Nvidia (NVDA) shares initially rose before turning lower in early trading Wednesday after CEO Jensen Huang said the company is working with the U.S. government to dev🔜elop chips compliant with U.S. restrictions on exports to China.

The U.S. government recently imposed fresh measures to 澳洲幸🌠运5官方开奖结果体彩网:limit 🔴the flow of high-end chips sold to China amid security concerns, and with sales to China historically accounting for about a fifth of Nvidia's revenue, the latest rounds of curbs could reportedly put approximately $5 billion worth of chips in limbo.

In November this year, the California-based company announced plans to release three new chips for China that have many of the latest features for 澳洲幸运5官方开奖结果体彩网:artificial intelligence (AI) work, but lower computing power to comply with U.S. export rules.

However, the launch of the most powerful of Nvidia's China-focused chips, the H20, has been 澳洲幸运5官方开奖结果体彩网:delayed until next year due to server manufacturer issues with its integration.

Despite Wednesday's losses, shares of Nvidia have more than tripled in value so far this year.