NVIDIA Corp
Nvidia says it follows export laws ‘to the letter’ a day after AI chip sales to China stopped
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during the opening ceremony of the Siliconware Precision Industries Co. (SPIL) Tan Ke Plant in Taichung, Taiwan, on Thursday, Jan. 16, 2025. An Rong Xu | Bloomberg | Getty Images A day after Nvidia revealed it would incur $5.5 billion in costs related to canceled […]
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Stocks making the biggest moves midday: Nvidia, ASML, Advanced Micro Devices and more
Check out the companies making headlines in midday trading: Nvidia — Shares tumbled more than 7% after Nvidia said it will record a $5.5 billion charge tied to exporting H20 graphics processing units to China, along with other destinations. The company said in a regulatory filing that the U.S. government informed Nvidia it would require […]
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Chip stocks fall as Nvidia, AMD warn of higher costs from China export controls
Nvidia CEO Jensen Huang delivers the keynote for the Nvidia GPU Technology Conference at the SAP Center in San Jose, California, on March 18, 2025. Brittany Hosea-small | Reuters Technology stocks declined Wednesday, led by a 8% drop in Nvidia, as the chipmaking sector signaled that President Donald Trump’s sweeping tariff plans could hamper demand […]
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AMD expects $800 million hit from U.S. chip restrictions on China
Lisa Su, CEO of AMD, attends the Artificial Intelligence Action Summit at the Grand Palais in Paris, Feb. 10, 2025. Benoit Tessier | Reuters Shares of Advanced Micro Devices slid more than 5% on Wednesday after the company said it could incur charges of up to $800 million for exporting its MI308 products to China […]
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Stocks making the biggest moves premarket: United Airlines, Nvidia, Tesla, Travelers and more
Check out the companies making headlines in premarket trading. Nvidia — Shares slipped more than 6% after the chipmaker said it will take a quarterly $5.5 billion charge tied to exporting H20 graphics processing units to China, as well as other destinations. Nvidia said in a filing that the U.S. government informed the company it […]
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S&P 500 futures slide as Nvidia shares tumble, traders await retail sales data: Live updates
A trader works on the floor at the New York Stock Exchange on April 15, 2025. Brendan McDermid | Reuters U.S. stock futures slipped early Wednesday as investors looked ahead to the release of a key retail sales report and more earnings from the first-quarter season. Dow Jones Industrial Average futures dropped 328 points, or […]
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Nvidia says it will record $5.5 billion charge tied to H20 processors exported to China
Nvidia CEO Jensen Huang delivers the keynote address during the Nvidia GTC 2025 at SAP Center on March 18, 2025 in San Jose, California. Justin Sullivan | Getty Images Nvidia said on Tuesday that it will take a quarterly charge of about $5.5 billion tied to exporting H20 graphics processing units to China and other […]
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U.S. announces probe into chip, electronics imports, paving the way for new tariffs
William_potter | Istock | Getty Images The U.S. Commerce Department is conducting a national security investigation into imports of semiconductor technology and related downstream products, according to a Federal Register notice put online Monday. The official document — which calls for public comments on the investigation — further confirms that chips and the electronics supply […]
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Taiwan to simulate impact of U.S. tariffs on semiconductor sector
A microchip, and a TSMC logo displayed on a phone screen in the background. Jakub Porzycki | Nurphoto | Getty Images Taiwan will simulate the impact of any U.S. tariffs on the semiconductor industry and seek talks with Washington on the issue, the island’s economy minister said Tuesday. The Trump administration is probing the import of chips, along with pharmaceuticals, in a bid to impose tariffs on both […]
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CNBC Daily Open: Consumers are worried over the economy. The White House insists it’ll be fine
People shop at a grocery store in Manhattan on April 01, 2025, in New York City. Spencer Platt | Getty Images A day without major tariff developments from U.S. President Donald Trump’s administration is, for markets, a day of cautious optimism (or at least what passes as “optimism” in such unusual times). There was breathing […]
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