Nvidia and AI Chip Stocks Brace for Impact as Biden Administration Considers New China Export Ban: Report

Q: How long will it take to read this news story?

The story "Nvidia and AI Chip Stocks Brace for Impact as Biden Administration Considers New China Export Ban: Report" has 552 words across 21 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Nvidia and AI Chip Stocks Brace for Impact as Biden Administration Considers New China Export Ban: Report" was covered 17 hours ago by Benzinga, a news publisher based in United States.

Q: How trustworthy is 'Benzinga' news outlet?

Benzinga is a fully independent (privately-owned) news outlet established in 2010 that covers mostly technology news. The outlet is headquartered in United States and publishes an average of 22 news stories per day. It's most recent story was published 8 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #25000912</li><li>URL: https://beamstart.com/news/nvidia-and-ai-chip-stocks-17364332933735</li></ul>

Benzinga Logo Benzinga 17h ago

Nvidia and AI Chip Stocks Brace for Impact as Biden Administration Considers New China Export Ban: Report - Benzinga

Quick Summary:

Also Read: Wall Street Bullish on Nvidia Following Advanced AI Development Announcement at CES 2025

U.S.allies, including Germany, the Netherlands, Japan, South Korea, and Taiwan, can avail themselves of unrestricted access to American chips in the first tier, Bloomberg cites familiar sources.U.S.-headquartered companies can apply for universal validated end-user designation after maintaining at least 50% of their total computing power on American soil.

Nvidia Corp (NASDAQ:NVDA) and rival semiconductor chip companies could be hit with one more embargo from the Biden administration to China to concentrate artificial intelligence technology development with allies and on Washington’s terms.