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Nvidia, Export Restriction
Nvidia criticizes reported Biden plan for AI chip export curbs
Nvidia on Thursday criticized a reported plan by the Joe Biden administration to impose new restrictions on AI chip exports, saying that the outgoing U.S. leader should not "preempt incoming President Trump" by enacting a last-minute policy.
Nvidia Faces Export Restrictions Amid Global AI Chip Debate
With an eye on national security, the new approach seeks to protect U.S. technical superiority. Warning that the proposed limits might compromise America's competitive advantage in the global AI race and slow down economic development, Nvidia has rejected them. After the news, after-hours trading saw Nvidia's shares drop almost 1%.
Nvidia Criticizes Potential AI Chip Export Restrictions
Nvidia (NASDAQ:NVDA) has voiced concerns over the Biden administrations reported plans to impose stricter AI chip export rules. Nvidias Vice President, Ned Finkle, urged the administration to avoid
Nvidia Stock Dips. Why Investors Are Fretting About Tighter AI Chip Export Curbs.
The Biden administration is planning to impose more restrictions on chip sales to China and Russia, according to a report.
Nvidia Slams Biden's Country-Specific Chip Rules: 'Legacy That Will Be Criticized'
The proposed regulations would create three tiers of chip curbs, allowing some U.S. allies full access to American chips.
Nvidia slams Biden for trying to ‘pre-empt’ Trump with chip rules
NVIDIA criticised new chip export restrictions that are expected to be announced soon, saying the White House was trying to undercut the incoming Trump administration by imposing last-minute rules. Read more at The Business Times.
AI- Stock Analysis: Nvidia and New AI Chip Export Curbs
As a consequence of the new regulations, Stock Target Advisor’s AI analysis has identified a short-term SELL signal for NVIDIA’s stock, triggering a technical warning of a Bearish Engulfing pattern suggesting the stock is likely to fall in the near-term. However, the analysis has confirmed the long-term bullish fundamentals are still in play.
Nvidia and AI Chip Stocks Brace for Impact as Biden Administration Considers New China Export Ban: Report
Biden may impose new sanctions on AI chip exports to China, limiting sales to allies like Germany and Japan. US companies can apply for exceptions.
Nvidia criticises reported Biden plan for AI chip export curbs
"We would encourage President Biden to not preempt incoming President Trump by enacting a policy that will only harm the US economy, set America back, and play into the hands of U.S. adversaries," Nvidia Vice President Ned Finkle said in an emailed statement.
Biden to Impose More Limits on Nvidia AI Chip Exports, Report Says
KEY TAKEAWAYS In its last days in the White House, the Biden administration reportedly is planning new regulations that could be announced as soon as Friday to further limit the export of artificial intelligence (AI) chips by companies like Nvidia.
Nvidia accuses Biden administration of rushing policy to undercut Trump
Nvidia Corp. accuses the White House of rushing last-minute US chip export rules to damage Trump, criticizing the soon-expected new export restrictions for AI chips. According to a Bloomberg report, Ned Finkel,
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Stock Market Today: Dow futures lower on Nvidia export fears ahead of key payrolls data. Bond market turmoil, TikTok hearing in focus.
U.S. stock futures leaned lower Friday on concern over possible export restrictions on Nvidia, ahead of key data on the jobs market. Dow Jones Industrial Average futures fell 41 points, or 0.1%, to ...
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Nvidia Stock Rises After Tuesday Tumble. What Keeps the Rally Going.
Nvidia stock was looking to find its footing on Wednesday after economic data prompted a Big Tech selloff the previous day.
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