U.S. President Donald Trump's administration is considering tightening restrictions on artificial intelligence leader Nvidia's sales of its H20 chips designed for the China market, three people familiar with the matter said.

Conversations to restrict shipments of those chips to China are in very early stages among Trump officials and the idea has been under consideration

US stocks fall after the Fed held rates steady but suggested the inflation drop has stalled. Meta, Tesla and Microsoft report earnings after the bell.