Computer chip shares are down in recent trading Wednesday after Nvidia (NVDA) and Advanced Micro Devices (AMD) warned about charges of up to $5.5 billion and $800 million, respectively, on new export restrictions to China.
Nvidia and Advanced Micro Devices shares were both down more than 6% in recent trading, while Arm Holdings (ARM), Broadcom (AVGO), and Marvell Technology (MRVL) were down more than 3%.
Micron Technology (MU) shares were down almost 3%.
Price: 105.31, Change: -6.89, Percent Change: -6.14
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