Nvidia (NASDAQ: NVDA) received a shock on Friday after the Chinese government told its tech companies to stop using the company's H20 chips. The Chinese government appeared to make this decision in response to statements made by Commerce Secretary Howard Lutnick regarding China's use of American technology.

Nvidia's business in China will be the focus of investors when the AI chipmaker reports earnings on Wednesday, following an unusual deal with the Trump administration and Beijing's subsequent efforts to stall imports.

Nvidia (NVDA) told some of its suppliers to suspend the production of its H20 AI chip, which was specifically designed for the Chinese market, according to a report by The Information.