Aug 11 Under new, unusual agreement, U.S. will get a 15% cut of Nvidia and AMD chip sales to China By Associated Press Nvidia and AMD have agreed to share 15% of their revenues from chip sales to China with the U.S. government, as part of a deal to secure export licenses for the semiconductors. Continue reading
Jun 02 China says U.S. violating tariffs truce with moves on AI chips and student visas By Christopher Bodeen, Associated Press China has blasted the U.S. for issuing AI chip export control guidelines, stopping the sale of chip design software to China, and planning to revoke Chinese student visas. Continue reading
May 14 Trump administration rescinds rule limiting AI chip exports to foreign markets By Associated Press The Department of Commerce rescinded a Biden-era rule that placed limits on the number of artificial intelligence chips that could be exported to certain international markets without federal approval. Continue reading
Apr 16 S&P 500 sinks as tech stocks fall amid thickening fog of Trump's trade war By Stan Choe, Associated Press U.S. stocks fell Wednesday after Nvidia warned new restrictions on exports to China will chisel billions of dollars off its results, while companies around the world said President Donald Trump’s trade war is clouding forecasts for how they and the… Continue reading
Mar 03 Dow drops nearly 650 points on worries about Trump's latest tariffs By Stan Choe, Associated Press President Donald Trump’s announcement dashed hopes on Wall Street that he would choose a less painful path for global trade, and it followed the latest warning signal on the U.S. economy’s strength. Continue reading
Jan 27 Tech stocks tank as Chinese AI competitor makes its debut By Stan Choe, Associated Press The S&P 500 dropped 1.5 percent, dragged down in large part by a 16.9 percent fall for Nvidia. Other Big Tech stocks also took heavy losses. Continue reading
Dec 11 Class-action lawsuit against microchip company Nvidia to proceed, Supreme Court says By Associated Press The court’s decision Wednesday comes the same week that China said it is investigating the the microchip company over suspected violations of Chinese anti-monopoly laws. Continue reading