Government AI Model Ban Exposes Nvidia Earnings Risk as CoreWeave Founders Sell $2.3B
NVDA•Washington blocked foreign nationals from Anthropic’s top AI models, prompting the lab to disable them and highlighting government intervention as a novel risk that could undermine Nvidia-driven AI profitability. CoreWeave founders sold $2.3 billion via 10b5-1 plans, retaining 18% ownership, while BNP Paribas awarded Nvidia collaborator Outperform rating and $192 target.
1. Government Blocks Anthropic Model Access
The U.S. administration prohibited foreign nationals from using Anthropic PBC’s most advanced AI models over security concerns, leading the lab to disable both flagship models globally. This unprecedented intervention underscores political risk as a potential threat to AI-driven revenues, including the GPU sales that underpin Nvidia's valuation.
2. CoreWeave Founders Sell $2.3 B, BNP Paribas Covers Nvidia Partner
CoreWeave's founding team divested $2.3 billion through preplanned 10b5-1 trades following the IPO lockup, while retaining roughly 18% ownership. BNP Paribas initiated coverage on the GPU provider that supplies Nvidia-accelerated infrastructure, assigning an Outperform rating and a $192 price target, signaling robust demand for Nvidia’s chips.
