via BeInCrypto · By Lockridge Okoth
U.S. AI Chip Export Clampdown Likely to Pressure Nvidia and AMD Shares at Open
NVDA/USDT
$25,741,764.45
$210.45 / $207.85
Change: $2.60 (1.25%)
+0.0637%
Longs pay
Nvidia (NVDA) and AMD shares are set to face renewed pressure when US markets open Monday. Weekend guidance from the Bureau of Industry and Security (BIS) extends license rules to advanced AI chips sold to Chinese-owned firms abroad.
The Trump administration left a year-long enforcement gap after rescinding the Biden-era AI Diffusion Rule last May. Industry sources say hundreds of thousands of…
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