Nvidia shares looked set to edge lower on Tuesday, at the start of a crunch quarter for the red-hot chip designer. The stock slipped 0.1% to $121.33 ahead of the opening bell, while futures for the benchmark S&P 500 index were trading flat.

Nvidia faces potentially bigger hurdles in China after Bloomberg reported that the country's regulators are urging companies not to buy its H20 chips, used for AI models. Please w

Beijing is stepping up pressure on Chinese companies to buy locally produced artificial intelligence chips instead of Nvidia Corp. products, part of the nation's effort to expand its semiconductor industry and counter US sanctions.