Wall Street’s AI darling, fell on Monday following reports that a senior executive had met with Chinese officials. The stock slip comes amid Nvidia’s stellar performance last week, which exceeded expectations.

Nvidia stock is heading for an increase of more than 185% this year thanks to the company’s strengths in artificial intelligence products and services. The company is set to launch a major product, and investors should be on the lookout for any updates.

As of the time of writing, shares are down by around 3% despite better-than-expected third-quarter earnings and a buoyant market for artificial intelligence (AI) hardware. Despite being the largest company in the world with a market cap of $3.