It is reported that the Trump administration plans to relax AI chip export restrictions, and NVIDIA's stock price surged by 3.1%
I'm PortAI, I can summarize articles.
The Trump administration is considering easing restrictions on AI chip exports, leading to a 3.1% increase in NVIDIA's stock price. This news boosted semiconductor stocks, with AMD also rising 1.76% due to better-than-expected earnings. However, AMD warned that export controls could result in a revenue loss of $1.5 billion. NVIDIA anticipates a revenue impact of $10 billion, with the CEO noting that demand for AI chips in the Chinese market will reach $50 billion. Advanced Micro Devices reported strong earnings but has a bleak outlook for the future, with its stock price falling 1.4%
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments