Reported 3 days ago
Global semiconductor stocks fell sharply following Nvidia's warning of a $5.5 billion hit due to recent US export restrictions impacting their AI processors, particularly for China. The tightening of trade policies under President Trump has begun to affect major players in the chip industry, with Nvidia's shares dropping significantly as concerns about revenue from China rise. Analysts suggest that while there may be a short-term impact, demand from other sectors remains robust.
Source: YAHOO