Nvidia (NVDA) shares are taking another hit today as last week’s losses spill over. This is due to concerns about artificial intelligence

Technical indicators suggest that Nvidia stock is facing the threat of a sustained correction in the near future.

On Monday, reports surfaced that Nvidia chips were making their way to customers in China, with the high-end tech circumventing strict US export controls.

Why Nvidia’s longer-term future return is not worth the risk — even if it continues to be a phenomenally profitable company. Nvidia Corp.’s market performance over the past six months is a good illustration of the difference between a good company and a good stock.

Nvidia faces continued concerns about potential restrictions on exports of its AI hardware amid reports that advanced chips are reaching China despite U.S. sanctions.