AI stocks in general are taking a beating Monday, but some Nvidia-specific issues are also worrying investors.

Nvidia Corp.'s stock is sinking toward its lowest levels in months as the artificial-intelligence trade continues to unravel.

Shares of Nvidia $(NVDA)$ are down 8.7% on Monday, having wiped out nearly six months of gains since closing at $108.10 on Sept. 10, 2024, according to Dow Jones Market Data.

Other AI-themed stocks are falling sharply as well. Super Micro Computer Inc. shares $(SMCI)$ are off 13.8%, while Astera Labs Inc. shares $(ALAB)$ are off 9.3%. Arm Holdings PLC shares $(ARM)$ are down 8.6%, Broadcom Inc. shares $(AVGO)$ are down 6.8% and Marvell Technology Inc. shares $(MRVL)$ are down 7.4%.

This is "more of what we saw last week," Mizuho desk-based analyst Jordan Klein told MarketWatch, referring to an "unwind of the AI trade."

There are also some Nvidia-specific issues that could be weighing on the stock, Klein noted. For one, there's the fear of new China tariffs or more stringent export restrictions that could shut down all of Nvidia's sales into the country.

Additionally, officials in Singapore are looking into whether servers shipped to Malaysia contained Nvidia products that were prohibited from being sold in China, and whether those servers ended up in places other than Malaysia, according to Bloomberg News and other outlets.

In a note to clients Monday morning, Klein said the main risk from this is that the U.S. government moves to ban all Nvidia chips from being sold in China.

Nvidia declined to comment on the matter in Singapore.

The company has shed $708 billion in market capitalization since the DeepSeek developments roiled the chip sector, though Nvidia executives say they stand to benefit from "reasoning AI" that increases inferencing demand. Nvidia is also down about $900 billion from its peak market cap of $3.66 trillion, which it achieved on Jan. 6, according to Dow Jones Market Data.