Nvidia stock was sliding on Monday, as investors digested fresh trade tension. Shares in the chip maker fell 0.7% to $134.24 ahead of the opening bell. Futures tracking the benchmark S&P 500 were down 0.

After posting first quarter earnings earlier this week, how much of an influence does Nvidia (NVDA) still have on the broader AI chip sector and various markets (^DJI, ^IXIC, ^GSPC)? Yahoo Finance markets and data editor Jared Blikre — who also hosts the Stocks In Translation podcast — goes on to compare Nvidia's stock moves to the PHLX Semiconductor Index (^SOX) and lists off the semiconductor manufacturer's eras alongside the market trends that have helped propel it higher.

Let's take a closer look at Nvidia's results to see whether the stock still has a lot of growth left in the tank. The new export controls, which restrict Nvidia's ability to sell its chips in China, are expected to have a material impact on the company's revenue.