Chip export

The White House on Monday declared new limitations on the export of artificial intelligence chips. This move is set to impact major tech companies, including Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD). What Happened: Following the announcement, Nvidia’s...

The U.S. Secretary of State Antony Blinken has said that the U.S. export controls are not designed to hinder China’s economic or technological advancement. What Happened: During an interview with National Public Radio on Friday, Blinken said that the U.S. does not aim to impede China...