The Biden administration is tightening its restriction on exports of artificial intelligence chips to China.
Nvidia stock was sinking Tuesday after the Biden administration said it would be tightening its restriction on exports of artificial intelligence chips to China.
The Commerce Department told reporters on Tuesday that it would be constricting exports of AI chips, and make it more difficult for companies like Nvidia to sell their products to China, according to The Wall Street Journal. The Commerce Department didn’t immediately respond to a request for comment from Barron’s.This is breaking news. Please come back for more updates and analysis.
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