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Posted by
Two Blokes Apr 16 -
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Nvidia Corp (NASDAQ:NVDA, ETR:NVD) shares fell 6.3% in after-hours trading on Tuesday, while fellow chipmaker AMD dropped 7.1%, after the U.S Commerce Department unveiled new export restrictions targeting their artificial intelligence chips bound for China. The revised rules impose licensing requirements on Nvidia's H20 and AMD's MI308 processors, along with equivalent models, as part of Washington's ongoing efforts to tighten control over advanced semiconductor technology.
