Tag: Tech stocks drop after Nvidia claims it would lose $5.5 billion due to new US restrictions on AI chip exports.

Tech stocks drop after Nvidia claims it would lose $5.5 billion due to new US restrictions on AI chip exports.

Following Nvidia's announcement that it will lose an additional $5.5 billion due to stricter U.S. government regulations on the export of computer chips used for artificial intelligence, shares of computer…

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