AMD, TSMC, Broadcom And Other Chip Stocks Hit By Biden's Fresh AI Chip Export Restrictions: Details...

Published on 31 May 2024 on Benzinga

The Biden Administration’s embargo on AI chip exports to the Middle East has triggered a selloff in the broader sector.

VanEck Semiconductor ETF SMH and iShares Semiconductor ETF SOXX, representing the broader sector, are trading lower by close to 3%.

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