Chip Export

Nvidia Down 3%, AMD Falls 2% After White House Imposes New AI Chip Export Restrictions

The White House on Monday declared new limitations on the export of artificial intelligence chips. This move is set to impact major tech companies, including Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD).

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Antony Blinken Says US Chip Ban Doesn't Mean 'Cutting Off Trade' Or 'Holding Back China'

U.S. Secretary of State Antony Blinken clarified that U.S. export controls aim solely to limit access to sensitive technology that could threaten national security, not to hinder China's economic or technological progress.

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