Published: Friday, November 7, 2025
Key Takeaways
- Policy shock: The White House has told federal agencies it will not permit Nvidia’s scaled‑down B30A AI accelerators to be sold in China, according to The Information, reported by Reuters. Nvidia says China contributes zero datacenter compute share to its guidance. Reuters
- CEO stance:Jensen Huang said there are “no active discussions” to sell Blackwell chips to China and that Nvidia is “not planning to ship anything to China.” He made the remarks today in Taiwan. Reuters
- Premarket tone: As of ~5:20 a.m. ET, NVDA traded around $187.88 in extended hours, ~‑0.1% vs. Thursday’s close of $188.08. MarketBeat
- Earnings on deck: Nvidia reports Q3 FY26 after the close on Wednesday, November 19, with an investor webcast scheduled 2:00 p.m. PT. NVIDIA Investor Relations
- Macro watch: It’s the first‑Friday U.S. jobs report day (Oct 2025 reference month) at 8:30 a.m. ET, a potential volatility catalyst for mega‑cap tech. Bureau of Labor Statistics
NVDA Pre‑Market Snapshot
- Previous close (Thu, Nov 6): $188.08
- Extended hours (around 5:20 a.m. ET): $187.88 (‑0.11%)
- 52‑week range: $86.62 – $212.19 (split‑adjusted) MarketWatch
Context: Broader tech has been choppy this week, with valuation jitters and AI‑heavy names dragging indices. Futures were modestly firmer overnight after a steep Thursday selloff, but tone remains sensitive to policy headlines and the jobs print. Investing
Today’s NVDA Headlines — Friday, Nov 7, 2025
1) U.S. to Block Sales of Scaled‑Down Nvidia AI Chips to China
A U.S. policy move highlighted by The Information and reported by Reuters says Nvidia’s B30A—a reduced‑performance data‑center accelerator designed to comply with export rules—won’t be allowed for China. The B30A can still train large models when racked in dense clusters; Nvidia has sampled it to Chinese customers, but Washington will not permit sales, according to the report. Nvidia told Reuters it has “zero share” in China’s advanced datacenter compute and does not include China in guidance. China, meanwhile, has issued guidance pushing state‑funded data centers toward domestically developed chips, further dimming prospects for U.S. vendors. Reuters
Why it matters: This closes another potential workaround to regain China revenue, reinforcing that near‑term NVDA fundamentals are anchored outside China and that policy risk remains a live overhang.
2) Jensen Huang: “No Active Discussions” to Sell Blackwell in China
Speaking in Taiwan, Nvidia’s CEO Jensen Huang said there are no active talks to sell Blackwell chips into China and “we are not planning to ship anything to China.” He also clarified prior coverage suggesting he said China would “win” the AI race, instead emphasizing China’s research scale while urging the U.S. to move faster. Reuters
Implication: Management’s messaging continues to de‑emphasize China in forecasts and signals focus on ex‑China demand (U.S., Europe, Middle East sovereign AI, etc.).
3) Ecosystem Flow: CoreWeave + VAST Data Deal
Outside of Nvidia’s own tape, VAST Data (Nvidia‑backed) signed a $1.17 billion AI infrastructure deal with CoreWeave, a major Nvidia GPU cloud partner. It landed Thursday and feeds the Nvidia‑centric AI supply chain narrative. Reuters
Takeaway: Capex across AI data infrastructure—storage, networking, and GPU cloud—is still printing large ticket commitments, a constructive second‑order read‑through for NVDA demand.
What It Means for NVDA Before the Opening Bell
- Policy & positioning: Today’s developments reduce the probability that near‑term China revenue re‑enters the model. That said, Nvidia’s own commentary has already assumed no China contribution—so street estimates shouldn’t need to change on this headline alone. Reuters
- Demand ex‑China: Hyperscaler and sovereign AI capex remain the key drivers that matter for the 2025–2026 story, supported by recurring ecosystem deals and management guidance cadence. Reuters
- Tape setup: With extended‑hours trading roughly flat to slightly lower and a market‑moving jobs report at 8:30 a.m. ET, early direction could be dictated more by rates/yields than single‑name news flow. MarketBeat
Next Catalysts & Dates
- Earnings:Q3 FY26 results after the close on Wednesday, Nov 19; webcast 2:00 p.m. PT via Nvidia IR. Watch for updates on Blackwell ramp, supply visibility, and gross‑margin mix. NVIDIA Investor Relations
- Macro:U.S. Employment Situation — 8:30 a.m. ET today (Nov 7). A hotter/colder print can swing yields and growth‑stock multiples into the close. Bureau of Labor Statistics
Quick Facts: NVDA
- Ticker/Exchange: NVDA (Nasdaq)
- 52‑Week Range: $86.62 – $212.19 (post‑split) Reuters
- Recent Milestone: Nvidia briefly approached a $5 trillion market cap in late October on surging AI bookings. Reuters
- Stock Split:10‑for‑1 split completed June 7, 2024; shares began trading split‑adjusted June 10, 2024. NVIDIA Investor Relations
Bottom Line
Before the bell on Nov 7, 2025, NVDA is trading near unchanged in extended hours while U.S.–China chip policy tightens again and management reiterates a no‑China stance for Blackwell. With earnings on Nov 19 and a jobs report at 8:30 a.m. ET set to steer risk appetite, the pre‑market read is fundamentals intact ex‑China, policy risk elevated but expected, and macro likely to drive today’s open. Bureau of Labor Statistics
Sources & Further Reading
- U.S. blocks scaled‑down B30A shipments to China (report): Reuters. Reuters
- Huang: no active talks to sell Blackwell to China: Reuters. Reuters
- NVDA earnings event (Nov 19) — Nvidia IR: Event page. NVIDIA Investor Relations
- NVDA pre‑market/extended hours quote: MarketBeat; prior close: MarketWatch. MarketBeat
- 52‑week range & company page: Reuters. Reuters
- VAST Data–CoreWeave $1.17B deal: Reuters. Reuters
- U.S. Jobs Report timing: BLS schedule. Bureau of Labor Statistics
This article is for information only and is not investment advice. All prices and times are approximate as of pre‑market on Nov 7, 2025; check your broker for the latest quotes.
