Business

Biden Tightens China Chip Rules on Chaotic Day for Industry

[ad_1]

The losses have been widespread, with nearly every component of the industry benchmark index in negative territory this year. Nvidia Corp. and Advanced Micro Devices Inc., former highfliers, have declined almost 60%. AMD reported preliminary third-quarter revenue on Thursday that was weaker than expected, marking the latest in a series of chipmaker warnings. AMD and Nvidia have already disclosed that the China-related restrictions on AI chips will hurt their sales. 



[ad_2]

Source link

What is your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

Comments are closed.

More in:Business