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NVDA, AMD Lower Today After Further A.I Chip Sale Restrictions To China

NVDA, AMD Lower Today After Further A.I Chip Sale Restrictions To China

FromSchwab Network


NVDA, AMD Lower Today After Further A.I Chip Sale Restrictions To China

FromSchwab Network

ratings:
Length:
5 minutes
Released:
Jun 28, 2023
Format:
Podcast episode

Description

Chip stocks like Nvidia (NVDA) and AMD are falling this morning after a report of further restrictions on A.I. chip sales to China by the Biden Administration. U.S. companies would need to obtain a special license to sell them as new commerce department rules could be in place as soon as early July 2023. Renita Young weighs in on U.S. concerns about A.I. technology being available in China. 
Released:
Jun 28, 2023
Format:
Podcast episode

Titles in the series (100)

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