Wallace Witkowski came to MarketWatch from the Associated Press in New York, where he covered the business of Big Pharma, after covering FDA regulation of many of the same companies, as well as medical devices, in the Washington, D.C., area.
Nvidia Corp.
said late Tuesday a widened U.S. ban on AI tech products to China could delay its current rollout, but did not foresee a meaningful financial impact near term, according to a filing with the Securities and Exchange Commission. Nvidia shares fell 0.8% after hours, following a 4.7% drop in the regular session to close at $439.38. Earlier Tuesday, Nvidia shares dropped as the U.S. expanded restrictions on tech to China.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Nvidia tumbles, leading chip stocks lower, on new US-China export restrictionsThe U.S. tightened the rules that ban the export of key AI technologies to China, sending chip stocks sharply lower in early trading.
Weiterlesen »
Nvidia’s stock slides toward worst day in 9 months as restrictions on China sales expandAMD, Intel, Marvell shares also falling
Weiterlesen »
Nvidia Stock Tumbles as U.S. Tightens Restrictions on AI Chip Exports to ChinaThe Biden administration is tightening its restriction on exports of artificial intelligence chips to China.
Weiterlesen »
U.S. Tightens Curbs on AI Chip Exports to China, Widening Rift With Nvidia and IntelThe $53 billion Chips Act seeks to end the U.S.’s reliance on foreign-made semiconductors, especially those used by the Pentagon. It’s the latest example of the federal government using its cash to remake an industry it sees as crucial to national security.
Weiterlesen »
Biden Administration Limits China’s Access To AI Chips Like Nvidia’s To Curb Military DevelopmentI am a reporter with experience covering trending tech and business topics. Before joining Forbes as a breaking news reporter, I covered tech and business news at Insider where I started as a fellow on the Careers team. I graduated from UNC Chapel Hill in 2021 with a double degree in journalism and contemporary European studies.
Weiterlesen »
Nvidia’s H800 AI chip for China is blocked by new export rulesThe US has introduced new rules that will block exports of most artificial intelligence chips to China. The rules build upon restrictions introduced in October 2022.
Weiterlesen »