Nvidia AMD Other US Chipmakers Face Fall in Shares as US Plans Curbs on Export to China

Shares of US chipmakers fell on Wednesday following a report that the Biden administration was planning new curbs on export of computing chips for artificial intelligence to China as early as July. Companies such as Nvidia, Advanced Micro Devices and Intel, which rely on the world's second largest economy for at least a fifth of their revenue, fell between 0.8 percent...

from Gadgets 360 https://ift.tt/YRjQStO