Nvidia & Broadcom stocks dragged by China’s tech bans: Reports

Nvidia & Broadcom stocks dragged by China’s tech bans: Reports

By Yahoo Finance Video
Publication Date: 2026-01-14 18:15:00

00:01 Speaker A

It’s time for Yahoo Finance’s Market Minute. US stocks under pressure again. Big tech weighing on the broader market. The Nasdaq down roughly one and a half%.

00:13 Speaker A

Some of the biggest declines are chip names on a report Nvidia’s H200 chips are not allowed in China, and Broadcom facing more pressure as a separate report, noting that Beijing is banning Chinese companies from using American security software including VMware, which is owned by Broadcom.

00:33 Speaker A

Meantime, the biggest loser on the S&P 500 today, AppLovin. That stock is down nearly 10% even after getting a bullish call on Wall Street. Evercore ISI initiating coverage on that stock with an outperform rating and an $835 price target.

00:48 Speaker A

The analyst citing momentum in its gaming and e-commerce ad business, and investors should expect a big quarterly earnings print. And that’s your Yahoo Finance Market Minute.