1Mon·

US export restrictions for AI chips to China

$NVDA (+0.4%) and $AMD (+1.56%) have lost around 7% following Trump's announcement to restrict the export of certain AI chips to China. The restriction is probably a response to the Chinese ban $BA (-0.45%) to buy.

https://finance.yahoo.com/news/nvidia-expects-5-5-billion-213321348.html

finance.yahoo.comNvidia faces $5.5 billion charge as US restricts chip sales to China

8 Comments

Thomas@waldbrandgefahr

1Mon

Next step in escalation: China bans $TSLA?

•

C_Montgomery_Burns@C_Montgomery_Burns

1Mon

☠️ Verf... Sh****! ☠️😤 I idiot believed the promises that orange guy made to Huang about the H20 chips at the Mar-a-Lago dinner and bought more yesterday.

•

Charmin@Charmin

1Mon

@C_Montgomery_Burns The orange man promised that? I didn't even realize it.

Don't get upset, tomorrow the orange man will say the opposite again. If he carries on like this, nobody will care what he says in a few months' time ...

•

GMK_VII@GMK_VII

1Mon

@C_Montgomery_Burns If you have invested for the long term, you will no longer be interested in the entry price in ten years' time.

•

C_Montgomery_Burns@C_Montgomery_Burns

1Mon

@Charmin Let's hope so! 👍

••

Charmin@Charmin

1Mon

@C_Montgomery_Burns Don't worry. NVIDIA was a great buy in any case. In a few years' time, we'll have no memory of today at all.

(Okay, I have no memory of what I ate last night either, but ... I digress ... )

•

Gerald@Irlandfan

1Mon

@Charmin Promise? Who believes a liar?

••

Nobody@Nobody_123

1Mon

@C_Montgomery_Burns yes, Captain 🍊 is killing us all... 😔

•