Nvidia Stock Falls as It Slams Biden China Chip Policy. Says Curbs Won’t Help U.S. Security.
The chip maker urged the incumbent president not to 'pre-empt' the Trump administration with a policy to tighten export controls.
Nvidia criticizes reported Biden plan for AI chip export curbs
Nvidia on Thursday criticized a reported plan by the Joe Biden administration to impose new restrictions on AI chip exports, saying that the outgoing U.S. leader should not "preempt incoming President Trump" by enacting a last-minute policy.
Nvidia Slams Biden for Trying to ‘Preempt’ Trump With Chip Rules
Nvidia Corp. criticized new chip export restrictions that are expected to be announced soon, saying the White House was trying to undercut the incoming Trump administration by imposing last-minute rules.
Nvidia Stock Falls as It Slams Biden China Chip Policy
Dow, S&P 500, and Nasdaq futures are falling in premarket trading Friday as the stock market braces for a key jobs report.
Biden to Impose More Limits on Nvidia AI Chip Exports, Report Says
KEY TAKEAWAYS In its last days in the White House, the Biden administration reportedly is planning new regulations that could be announced as soon as Friday to further limit the export of artificial intelligence (AI) chips by companies like Nvidia.
Nvidia Blasts Biden’s AI Chip Policy as Politically Motivated Move Against Trump
Nvidia has criticized the Biden administration for upcoming new AI restrictions just a week before President-elect Donald Trump takes office. The U.S. chipmaker said the
Nvidia accuses Biden administration of rushing policy to undercut Trump
Nvidia Corp. accuses the White House of rushing last-minute US chip export rules to damage Trump, criticizing the soon-expected new export restrictions for AI chips. According to a Bloomberg report, Ned Finkel,
'Big Short' investor Michael Burry kept quiet, piled into China tech, and won big with a stock bet in 2024
Michael Burry refrained from posting on X, bet big on a trio of Chinese tech giants, and saw one stock wager pay off last ...
China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier ...
China's bond market is signaling worry over a possible decades-long economic downturn
China's bond yields have plunged to all-time lows in recent weeks, drawing parallels to Japan's "lost decades," a long period ...
Sunac China shares, bonds sink after liquidation petition filed against developer
Sunac China shares and bonds plunged on Friday (Jan 10) after a liquidation petition was filed against the property developer ...
Hang Seng Index: Transforming Into A Medium-Term Bearish Trend Despite Improving Services PMI From China
Sentiment remains fragile in China and Hong Kong stock market even China services activities have improved in December. Click ...
China Stock Market May Be Stuck In Neutral On Thursday
The China stock market has moved higher in back-to-back sessions, collecting almost 25 points or 0.8 percent along the way. The ...
Exclusive: Chinese exchanges ask big fund managers to restrict stock selling
China's main stock exchanges asked some large mutual funds to restrict stock selling at the start of the year, three sources ...
24/7 Wall St15h
NIO (NIO) Stock Price Prediction and Forecast 2025-2030
NIO (NYSE:NIO) is one of the hottest EV car companies in the world and a top 10 largest in the world (3rd largest in China).
Why Tencent Stock Was Falling Today
Citigroup has described the slide in Tencent's stock price as an enhanced buying opportunity. The tech company remains ...
Live Q&A: How China’s Deflationary Spiral Is Affecting Markets Despite Stimulus Measures
Bloomberg reporters take your questions on China’s spiral into deflation and its impact on markets and government policy.