Reported 6 months ago
On Wednesday, Nvidia and AMD stocks fell as the U.S. escalated semiconductor sanctions against China, with Donald Trump's comments on Taiwan Semiconductor adding to the market's jitters. The Biden administration is exploring the Foreign Direct Product Rule to impose stricter controls on foreign-made products containing American technology. As a result, broader chip stocks, including major players like Qualcomm and Micron, experienced declines.
Source: YAHOO