Latest Briefly news - 30.04.2024 page 907

The United States on Tuesday said it was tightening curbs on exports of state-of-the-art AI chips to China, sending the share price of Nvidia and other semiconductor companies plummeting on Wall Street. - 'Permanent loss' - The share price of Nvidia was down as much as six percent on Tuesday after the announcement, with Intel

US tightens curbs on AI chip exports to China

The United States on Tuesday said it was tightening curbs on exports of state-of-the-art AI chips to China, sending the share price of Nvidia and other semiconductor companies plummeting on Wall Street. - 'Permanent loss' - The share price of Nvidia was down as much as six percent on Tuesday after the announcement, with Intel and AMD also sharply lower.

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