Reported about 5 hours ago
Nvidia stock experienced fluctuations following the announcement that the Trump administration intends to repeal AI chip export restrictions established under Biden, which were criticized for being overly complex. This news, which led to a 3% increase in Nvidia's stock after a prior report, is welcomed by big tech firms like Nvidia and AMD, both of which suffered significant declines due to previous trade policies. However, concerns remain as analysts warn that new tariff regulations might counteract any potential benefits.
Source: YAHOO