PALO ALTO, U.S./TAIPEI -- Nvidia and other chip stocks fell across the board on Tuesday after the U.S. announced a new round of restrictions aimed at thwarting China's access to advanced artificial intelligence chips and leading-edge semiconductor production equipment.
US-China tensions
Nvidia and other chip stocks sink after new U.S. export curbs on China
Supply constraints make rush-ordering AI chips difficult before implementation
The U.S. is implementing export curbs to prevent Beijing from getting cutting-edge chip technologies that can be used for military purposes. © Reuters
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