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NVIDIA Newsroom
NVIDIA criticized the Biden administration's chip quota proposal as "broad overreach," but is the fate of the new regulations in Trump's hands?
① After the Biden administration proposed the "AI Chip export quota" plan, NVIDIA immediately spoke out against it; ② Last week, the USA Semiconductor Industry Association and congressional members expressed opposition to this proposal; ③ As the Biden administration has only a few days left in office, this policy will be ultimately decided by Trump.
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U.S. Stock Market Early Session | U.S. stocks continue to be volatile, with technology stocks generally declining, NVIDIA down nearly 3%; Donald Trump concept stocks and some Chinese concept stocks are rising against the trend, DJT up nearly 9%, NetEase u
The rise in USA Treasury yields has led to continued selling of the large Technology stocks that have been leading the bull market over the past year. This week, the market is focusing on the upcoming Earnings Reports from several large Banks.
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The White House announced new restrictions on AI chip exports, affecting NVIDIA (NVDA.US) and others.
The White House announced new restrictions on AI exports on Monday, affecting companies such as NVIDIA (NVDA.US) and AMD (AMD.US). According to the new regulations, most countries will face restrictions on chip Orders. The White House stated that these restrictions do not apply to 18 major allies and partners, causing most countries including Brazil, Israel, Mexico, Singapore, and Saudi Arabia to be included in the restricted list, even though these countries can apply for an increased purchasing threshold. The White House added that countries not applying for an increase in the purchasing threshold will be able to acquire the equivalent of 0.05 million advanced GPUs. According to Oracle.