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MSNBC Way Too Early With Jonathan Lemire June 4, 2024 09:42:00

Chips to china and russia. tell us more about it. well, this is part and parcel of ongoing geopolitical tension between the two sides. in the past few years, the u.s. has made it increasingly more difficult for u.s. companies to export chips made with u.s. technology. mainly because of fears that china could use that intellectual property either to steal trade secrets for for military use. so yesterday, for example, the chip maker nvidia announced that the u.s. is requiring new licenses in order for them to continue to sell into china and hong kong as well. and the stock was down about 5.5 percentage points and drives down the entire complex, amd, down 4 percentage points and chip makers in europe suffering losses of 3 or 4 percentage points. this comes a few weeks after the president signed into law legislation to boost funding of more production of more semiconductor chips here in the ....

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US Orders Nvidia and AMD to Stop Chip Exports to China

US Orders Nvidia and AMD to Stop Chip Exports to China
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