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.

Semiconductor giant Nvidia ($NVDA) has asked some of its suppliers to halt the production of its H20 artificial intelligence (AI) chips that are

Nvidia has told some component suppliers to suspend production of its H20 AI chip, designed specifically for the Chinese market, the Information reported on Thursday, citing two people with direct knowledge of the communications.