Nvidia, Other Chipmakers' Shares Fall on China Export Restrictions

MT Newswires Live
04-16

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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