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Posted by
Two Blokes Jul 22 -
Filed in
Stock
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12 views
The trade war between the U.S. and China recently took an unexpected turn, and the biggest beneficiaries look to be Nvidia (NVDA -0.64%) and Advanced Micro Devices (AMD 0.01%). Both stocks popped after news broke that the U.S. is set to ease chip export restrictions, potentially allowing the companies to resume selling their artificial intelligence (AI) chips to China.