Published on 10 Jan 2025 on Benzinga
Nvidia Corp NVDA and peer chip stocks, including Advanced Micro Devices, Inc AMD and Broadcom Inc AVGO, are trading lower Friday as the chip companies remain susceptible to potential sanctions on China regarding artificial intelligence chip exports.
The Biden administration could restrict Nvidia’s AI chip shipments with three-tier export rules favoring allies like Taiwan and barring Tier 3 nations like China.